Durango Brewing Sells a Majority Stake

Dear Client: One of Colorado's oldest microbreweries has sold a majority interest to a Denver-based private investor. The 25-year-old Durango Brewing Co. executed the deal back in January but the name of the investor as well as the price of the sale remains a mystery, per Durango Herald. Durango said they went ahead with the sale to try and expand production and distribution. "The current facility is brewing at max capacity, and we need more space to brew more beer,"