Lagunitas Sells Out

Lagunitas Sells Out

Lagunitas

Lagunitas has agreed to sell a 50% stake of its business to Heineken.  Lagunitas is the 6th largest craft brewer in the country and recently started building their 3rd brewery in Southern California.  Lagunitas is on pace to grow by nearly 50% this year and should brew around      1 million barrels this year.  The Lagunitas purchase will give the Dutch brewer a strong foothold in the American craft brewing segment.  Lagunitas was recently valued to be worth $450 million dollars.  The deal should close in the 4th quarter of this year.

Lagunitas Heineken

Roxanne
You can find me working the PR angle for restaurants around town and keeping the RT readers informed about the latest happenings.

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