Anheuser Busch-InBev announced Tuesday that it has agreed to purchase Colorado-based BUD Breckenridge Brewery, a deal that grants AB InBev control of Breckenridge's new $36 million production facility, Farm House restaurant in Littleton, Colo., and original pub in Breckenridge.
"We're excited about the partnership and have been encouraged to continue on our path and become more innovative moving forward," Todd Usry, president of Breckenridge Brewery, said in a press release. "I'm a believer in what The High End is focused on accomplishing and we are flattered that our team was chosen to help guide that journey. We're looking forward to utilizing resources like decades of research and brewing expertise as we continue to create new beers."
Tuesday's deal marks the third acquisition within a five-day span for the world's largest brewer. On Monday it announced a deal with U.K.-based Camden Town Brewery, and on Friday it announced a similar deal with Arizona-based Four Peaks Brewing.
The Colorado-based brewery will now be a part of AB InBev's ever-growing portfolio which includes craft beer brands like Goose Island Beer Co., Blue Point Beer Co. and Elysian Brewing Co., and larger beer brands like Budweiser and Stella Artois, reported Fortune.
Breckenridge is one of the larger craft brands InBev has acquired. The beer is available in 35 states and will sell approximately 70,000 barrels of beer in 2015. In 2014, it was ranked No. 50 on the Brewers Association's 50 largest U.S. craft brewers list, though once the acquisition is complete it will be removed from the list since only small, independent brewers can be included.
Despite the acquisition, most of Breckenridge's operations will continue as normal, reported The Denver Post. The aforementioned production facility, Farm House restaurant and pub are the only properties InBev will have control over. It will not have a stake in the remaining properties which include Ale House at Amato's, Breckenridge Ale House, Breckenridge Colorado Craft, the Cherry Cricket, Mainline, Phantom Canyon Brewing Co. and Wynkoop Brewing Co., and will remain under the current Breckenridge-Wynkoop management group.
Terms of the deal weren't disclosed.
