A-B Acquiring SoCal’s Golden Road Brewing

Dear Client:Anheuser-Busch has just announced it will acquire 2011-born, Los Angeles-based Golden Road Brewing. The deal will enable Golden Road to bring more of its fresh, canned beer to the brewery's local market and to introduce its unique hop-forward beers to more consumers. A-B's partnership with Golden Road is expected to close by the end of Q4 this year. Terms of the agreement were not disclosed.The brewer did close to 30,000 barrels last year and has projected around 45,000 barrels