Acquisitions · Beer
Sapporo buys San Francisco craft brewer Anchor Brewing for about $85 million
- Buyer
- Sapporo Holdings (Tokyo)
- Target
- Anchor Brewing, San Francisco, California
- Value
- About $85M
- Status
- Completed on August 31, 2017.
- Date
- 2017-08-03
Sapporo Holdings bought Anchor Brewing, a San Francisco craft brewer, for about $85 million, a figure taken from Sapporo's second-quarter financial statements. Anchor Distilling, the related spirits business, was not part of the deal.
Why it matters
The deal gives Sapporo a long-established US craft beer brand to add to its North American beer business.
Sources
Kakehashi M&A News home
