Stone Set to Sell to Sapporo

Dear Client: Massive Japanese brewer, Sapporo Holdings, has reached an agreement for its subsidiary, Sapporo U.S.A., to acquire Southern California’s own Stone Brewing. The transaction is slated to close in August, and carries a reported price tag of $165 million. Note, however, that this deal does not include Stone Distributing Company, which “will become an independent company under current ownership,” per Stone announcement. Arlington Capital served as the advisor to Stone.  Billed as an “east-meets-west acquisition,” Stone says the sale