USA, GA: NoFo Brewing acquiers Tantrum Brewing of Cleveland, Georgia
NoFo Brewing, located just north of Atlanta, has acquired Cleveland, Georgia-based Tantrum Brewing. The deal was closed on April 17, the Beer Street Journal reported.
NoFo is acquiring the brewing equipment, 10,000+ square foot building, and 5.3 acres of land owned by Tantrum, located just two miles from the base of popular North Georgia hiking spot Mount Yonah.
This is NoFo’s third location in just over three years of operation, as the brewery will open a taproom in Gainesville, Georgia this summer. This move is part of NoFo’s strategy to dominate the North Georgia market.
“North Georgia is a special place for NoFo, and we think our brand will be an excellent addition to White County and the surrounding area. We look forward to serving customers in Cleveland very soon,” says Joe Garcia, Co-Founder and CEO.
Tantrum Brewing will retain its recipes and intellectual property. NoFo will not be brewing or maintaining any of Tantrum’s current lineup.
The Cleveland facility has a 30-barrel brewhouse which NoFo expects to have online by June. The sale will be complete on May 15th and will start re-branding the facility immediately. A distillery will be added to the site sometime this year as well.
NoFo tells Beer Street Journal that their annual capacity will hover around 4,000 barrels annually after this purchase in 2023, only distributing in Georgia through Modern Hops.
The financial details of the transaction were not disclosed. NoFo Brewing Cleveland will be located at 1939 Helen Highway, Cleveland, Georgia.
Wstecz
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