Tilray Brands Closes Transaction Acquiring Eight Beer & Beverage Brands From Anheuser-Busch; Solidifies Leadership Position In U.S. Craft Beer Market
Acquiring Company
Tilray Brands
Acquired Company
Beer & Beverage
New YorkOtherInformation TechnologyBiotechnologyAgriculture and FarmingSoftwareHealth CareEducationMedicalAnalyticsCannabisDescription
Tilray Brands, Inc. (“Tilray Brands”, “Tilray”, “we” or the “Company”) (Nasdaq | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today announced that the Company has closed its all-cash previously-announced acquisition of eight beer and beverage brands from Anheuser-Busch (NYSE: BUD), including the breweries and brewpubs associated with them. The acquired businesses include Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy.
Quick answer
Tilray Brands is acquiring Beer & Beverage, announced October 2, 2023. Tilray Brands is based in New York, New York, United States.
- How much did Tilray Brands pay for Beer & Beverage?
- The deal value was not disclosed.
- What does Tilray Brands do?
- Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment.
- Where are Tilray Brands and Beer & Beverage based?
- Tilray Brands is based in New York, New York, United States.
- Who are the decision-makers at Tilray Brands?
- Fundz holds 3 contacts at Tilray Brands. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Tilray Brands, and when
When Tilray Brands changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Beer & Beverage?
Beer & Beverage was acquired by Tilray Brands, based in New York. The deal was reported on October 2, 2023. Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment. Tilray Brands is publicly traded (TLRY) and operates in Other.
When did Tilray Brands acquire Beer & Beverage?
Tilray Brands's acquisition of Beer & Beverage was reported on October 2, 2023. Tilray Brands, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Beer & Beverage do?
Beer & Beverage is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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