USA: Molson Coors acquires Detroits largest brewery
Detroits largest brewery has been sold to the craft beer division of Molson Coors, Fox17 reported on January 22.
The sale of Atwater Brewery to Tenth and Blake is expected to be completed within the next couple of months, according to the company. Terms of the sale werent disclosed.
The agreement with Tenth and Blake is both the culmination of our past and the catapult to our future, Atwater Brewery owner Mark Rieth said in a release. For Atwater to continue to grow, it will require both capital and brewing expertise. Tenth and Blake brings both, which makes them the ideal strategic partner to help us continue to live our mantra, Born in Detroit. Raised everywhere.
Atwater was created in 1997 and has become known for beers like Dirty Blonde and Vanilla Java Porter. The Detroit-based brewery also has locations in Grand Rapids and Grosse Pointe Park.
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