Anheuser-Busch to buy Karbach Brewing
Anheuser-Busch announced Thursday it is buying Houston-based Karbach Brewing.
The brewery will join "The High End" a business unit within Anheuser-Busch specifically focused on craft and import brands, the company said.
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"Chuck and I started the brewery five years ago on Karbach Street in Houston, where the warehouse was located for the beer distribution company we started decades before. After watching so much great beer move through our warehouse over the years we decided it was time to add our own to that list," said co-founder Ken Goodman in a news release. "Karbach is the heart and soul of our beer industry careers, and we are thrilled about this new partnership with The High End and what it will mean for our dream to give more Texans the most unique, unexpected, and exciting beers they'll have fun drinking."
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Karbach has locations in Houston and Dallas-Fort Worth, the company said. Karbach will be expanded to a brewing capacity of 150,000 barrels per year by 2019 with the Anheuser-Busch deal.
"Karbach has built a unique, thriving brand rooted in the Texas spirit," said Felipe Szpigel, president, The High End. "From the beginning, they have shown creativity and passion with the super beers they brew, and they've been able to use their unique offerings to appeal to the laid back lifestyle that resonates with Texans. Pair these qualities with dynamic leadership, an amazing brewing team, and a dream to do more, and you have a recipe for a promising future together."
Terms of the deal were not disclosed.
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