Anheuser-Busch Acquires Karbach Brewing Co.
Karbach Brewing Co. was founded in 2011, with production reaching up to 40,000 barrels in the past few years, Beverage Daily reported. The brewer has become one of the country’s fastest-growing craft brands in the Texas beer market, which is the second largest in the country. With the new acquisition, Anheuser-Busch said its investment would allow the company to brew at a capacity of 150,000 barrels a year by 2019.
Karbach will be part of Anheuser-Busch’s business unit “The High End,” which focuses on craft and import.
Chuck Robertson, the co-founder of Karbach, told Beverage Daily that the partnership would allow the brand to continue and expand.
“We are so grateful for the growth we’ve experienced in our first phase of Karbach, but we have maxed out our growth potential on our own,” Robertson said.
Anheuser-Busch has made more acquisitions than its competitors recently, which include MillerCoors, Constellation Brands, and Heineken, according to Fortune. The powerhouse brewers, which make up 81 percent of the U.S. market, are all aiming to tap into consumers’ preference for locally produced beer.