Lenon’s main business news

August 5, 2010

Redhook parent, Kona Brewing to merge

Filed under: technology — Tags: , , — Moon @ 7:21 pm

Craft Brewers Alliance, the Portland, Ore.-based operator of the Redhook brewery in Woodinville, has acquired Kona Brewing Co. of Hawaii for an undisclosed price.

The Big Island-based brewery will become a wholly owned subsidiary of Craft Brewers Alliance (NASDAQ: HOOK).

Three years ago, Redhook and Widmer Bros. Brewing Co. of Oregon merged in a $50 million deal and corporate headquarters of the new Craft Brewers Alliance company was located in Portland.

Click here to see a release on the Craft Brewers Alliance-Kona deal.

Source

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress