New Belgium Becomes 100% Employee Owned

Dear Client:Everybody is talking about private equity or M&A taking over the craft beer world, but New Belgium's Kim Jordan has gone an alternate route. New Belgium announced this morning that the company's Employee Stock Ownership Program (ESOP) has purchased the balance of company shares, making it 100% employee-owned. NBB has been a partial ESOP since 2000 with a controlling interest held by co-founder Kim Jordan and her family. "There are few times in life where you get to make