Spain & USA: Mahou San Miguel reportedly interested in minority stake in Anchor Brewers & Distillers

Spanish Mahou San Miguel is reportedly looking to up its presence in the U.S. craft beer market.

The Spanish brewer, which took a 30% interest in Michigan’s Founders Brewing last year, is now eyeing a potential minority stake in San Francisco-based Anchor Brewers & Distillers, Bloomberg reported, citing unnamed sources. The report added that Mahou San Miguel could invest up to $300 million in Anchor, which is known for its Anchor Steam beer brand. Anchor didn’t immediately respond to a request for comment.

Led by former Skyy Spirits executives Keith Greggor and Tony Foglio, Anchor ranks as the 22nd-largest craft brewer in the U.S., according to the Brewers Association. Its distilling unit, which has a partnership with the U.K.’s Berry Bros. & Rudd, markets brands including The Glenrothes and BenRiach single malts, Nikka Japanese whisky and The King’s Ginger and Luxardo liqueurs, among others.

30 December, 2015