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MillerCoors quietly snaps up new craft breweries

Aug. 08, 2016 11:01 AM ETSABMiller plc ADR (SBMRY) StockTAP, SBMRYBy: Clark Schultz, SA News Editor
  • While Megabrew news has dominated the beer industry conversation over the last month, MillerCoors (OTCPK:SBMRY, TAP) has quietly added two new craft brewers to its portfolio.
  • The joint venture company added Hop Valley Brewing this month and picked up Terrapin Beer last month.
  • Both properties will be piled into MillerCoors' Tenth and Blake family of craft brands which already includes Blue Moon, Jacob Leinekugel Brewing, and Saint Archer Brewing.

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