{"id":1316825,"date":"2019-11-19T13:14:39","date_gmt":"2019-11-19T20:14:39","guid":{"rendered":"https:\/\/www.postindependent.com\/?p=991024"},"modified":"2019-11-19T13:14:39","modified_gmt":"2019-11-19T20:14:39","slug":"colorados-largest-craft-brewery-announces-sale-to-international-beer-conglomerate","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kske\/local-news\/colorados-largest-craft-brewery-announces-sale-to-international-beer-conglomerate\/","title":{"rendered":"Colorado\u2019s largest craft brewery announces sale to international beer conglomerate"},"content":{"rendered":"<figure class=\"wp-block-image p402_hide\">\n<div class=\"caption-container\"> <img loading=\"lazy\" decoding=\"async\" width=\"789\" height=\"507\" src=\"https:\/\/cdn.postindependent.com\/wp-content\/uploads\/sites\/6\/2019\/11\/beer.png\" class=\"attachment-large size-large wp-post-image\" alt=\"Fat Tire beer\" srcset=\"https:\/\/cdn.postindependent.com\/wp-content\/uploads\/sites\/6\/2019\/11\/beer.png 789w, https:\/\/cdn.postindependent.com\/wp-content\/uploads\/sites\/6\/2019\/11\/beer-300x193.png 300w, https:\/\/cdn.postindependent.com\/wp-content\/uploads\/sites\/6\/2019\/11\/beer-768x494.png 768w\" sizes=\"auto, (max-width: 789px) 100vw, 789px\"><figcaption><strong>Cases of Fat Tire headed for palletizing at the New Belgium Brewing plant in Fort Collins on June 19, 2007.<\/strong><br \/><em>Brian Brainerd, The Denver Post<\/em><\/figcaption><\/div>\n<\/figure>\n<p>In another major blow to the Colorado beer industry in the last two months, New Belgium Brewing on Tuesday announced that after nearly 30 years in the craft beer business, the employee-owned company is selling to Australian-based Lion Little World Beverages, a subsidiary of Japanese company Kirin Holdings Company Limited.<\/p>\n<p>New Belgium is currently the largest craft brewery in Colorado and the fourth-largest in the U.S., behind Yuengling, Boston Beer and Sierra Nevada, according to the Brewers Association. The Fort Collins-based brewery\u2019s cash sale, for an undisclosed amount, is expected to finalize by the end of the year, pending approval by employee stock owners.<\/p>\n<p>More than 300 of New Belgium\u2019s employee-owners will receive more than $100,000 in retirement money through the deal, \u201cwith some receiving significantly greater amounts,\u201d New Belgium founder Kim Jordan&nbsp;<a href=\"https:\/\/www.newbelgium.com\/a-letter-from-kim\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">wrote in a letter on Tuesday<\/a>.<\/p>\n<p>According to New Belgium CEO Steve Fechheimer, the brewery employs nearly 700 people between Fort Collins, Denver and Asheville, N.C. \u2014 where a second New Belgium brewery opened in 2016 \u2014 and across the country on its sales team.<\/p>\n<p>Read the full story on&nbsp;<a href=\"https:\/\/www.denverpost.com\/2019\/11\/19\/new-belgium-brewing-sale-kirin\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">The Denver Post website.<\/a><\/p>\n<p><a href=\"https:\/\/www.postindependent.com\/news\/colorados-largest-craft-brewery-announces-sale-to-international-beer-conglomerate\/\" target=\"_blank\" rel=\"noopener noreferrer\">via:: Post Independent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cases of Fat Tire headed for palletizing at the New Belgium Brewing plant in Fort Collins on June 19, 2007.Brian Brainerd, The Denver Post In another major blow to the Colorado beer industry in the last two months, New Belgium Brewing on Tuesday announced that after nearly 30 years in the craft beer business, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[160],"tags":[],"class_list":["post-1316825","post","type-post","status-publish","format-standard","category-local-news"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-09-06 12:43:03","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSKE Ski Country","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/kske","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1316825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/comments?post=1316825"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1316825\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/media?parent=1316825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/categories?post=1316825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/tags?post=1316825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}