Heineken Acquires Remaining Stake in Lagunitas

Dear Client: Heineken has announced they've now acquired the remaining Lagunitas shares, having entered into a 50/50 JV with the California brewer back in 2015. The transaction has been completed with immediate effect. Financial terms are not disclosed.At the JV announcement, Lagunitas founder Tony Magee had stressed that the deal was with Heineken global, and had little to do with HUSA. Today's announcement purports that Lagunitas will continue to operate as a separate business entity within Heineken, reporting into their