A-B Still High on Craft Acquisitions

Dear Client: Over the past few years, we’ve seen a couple big brewers walk away from some of their craft acquisitions: Constellation sold the Ballast Point brand to Kings & Convicts at the end of 2019, and then earlier this year Molson Coors stopped production of Saint Archer Brewing and sold its brewhouse to Kings & Convicts. We wondered if Anheuser-Busch – the brewer with the most craft acquisitions by far – had given any consideration to divesting some of