Zero Debt, 137 Years, and Still Shopping: Fred Matt on What’s Next

Dear Client:  Fred Matt comes from one of the older breweries in the country: 137-year-old F.X. Matt Brewing Co. in Utica, New York. Today, the company is a diversified operation—half their volume comes from contract work for brands like Long Drink, and the other half from their own stable, including Saranac and Utica Club. They’ve got zero debt, money in the bank, and are ready to go shopping. (Brooklyn Brewery owns a minority stake, and F.X. Matt brews for them