USA: MillerCoors’ Tenth and Blake Beer Company buys another craft brewery

Tenth and Blake Beer Company, the craft and import division of MillerCoors, announced on August 11 an agreement to acquire a majority interest in Granbury, Texas-based Revolver Brewing. Revolver Brewing is highly regarded in the Texas craft beer community for its flagship brand Blood & Honey, a uniquely approachable craft beer that has quickly become one of the leading craft brands in the Dallas-Fort Worth Market.

“We are excited to be joining the Tenth and Blake family, which shares our commitment to brewing great craft beer,” said Rhett Keisler, Revolver Brewing co-founder and president. “This partnership will allow us to maintain our brewery and operations in Granbury, while providing us with the additional resources to invest in and accelerate the growth of the Revolver brand in Texas.”

Founded in 2012 by father and son Ron and Rhett Keisler, along with seasoned master brewer and cicerone Grant Wood, Revolver Brewing has made incredible waves in the Texas craft beer community in a mere four years. Revolver Brewing calls Granbury home and is currently distributed in Dallas, Fort Worth, Waco, Austin and surrounding areas.

Revolver Brewing will operate as a separate business unit of Tenth and Blake. Revolver’s management and employees will continue to create, brew, package, market and sell Revolver’s portfolio of brands.

“We have tremendous respect for the quality and innovation that Revolver Brewing has brought to the Texas craft community and are thrilled to have such a terrific team and portfolio join Tenth and Blake,” said Scott Whitley, president and CEO of Tenth and Blake. “Our main priority will be to work with the Revolver team to support its continued success and make sure its beer is enjoyed by even more consumers in Texas.”

Revolver Brewing joins other leading crafts in the Tenth and Blake portfolio, including Blue Moon Brewing Company, Jacob Leinenkugel Brewing Company, Crispin Cider Company, Saint Archer Brewing Company, and, following expected closes in the third quarter, Terrapin Beer Company and Hop Valley Brewing Company. For more information on Revolver Brewing and its portfolio of brands, visit RevolverBrewing.com.

The transaction is expected to be completed in the third quarter of 2016. The terms of the transaction were not disclosed.

Tenth and Blake is the craft and import division of MillerCoors. The Tenth and Blake family includes Blue Moon Brewing Co. at the SandLot and River North in Denver; Jacob Leinenkugel Brewing Co. in Chippewa Falls, Wis.; 10th Street Brewery in Milwaukee; AC Golden in Golden, Colo.; Birra Peroni in Rome; Plzeňský Prazdroj (Pilsner Urquell) in Pilsen, Czech Republic; Saint Archer Brewing Company in San Diego, CA and, following expected closings in the third quarter of 2016, Terrapin Beer Company in Athens, GA and Hop Valley Brewing Company of Eugene, OR.

07 August, 2016