Bay Area Craft Brewers, Fort Point and HenHouse, Merge

Dear Client:  Two Bay area craft brewers, Fort Point and HenHouse, have merged forces in a strategic move we’re seeing more and more of as craft continues to weather a mature market and sustained volume losses (see yesterday’s annual production report from the BA). Effective Friday, the merger brings together the two NorCal breweries with similar profiles. Indeed, each brewery produces "about 20,000 barrels annually," employs about 30 people, holds three taprooms and derives "90% of their sales from the