Retirement

Even brewery owners who opened their businesses in the past decade may be able to see retirement or another chapter on the horizon. The time to plan for that future? Right now.

While some brewery owners seek a way out while keeping the brands they’ve built alive, others see opportunities to grow, diversify, and gain efficiencies.

Through its Lion subsidiary—the same that bought New Belgium in 2019—Kirin has purchased the Michigan-based craft icon. Founder Larry Bell says, “this was the right time.”

Stoudts in Pennsylvania to close, Sprecher in Wisconsin gets new ownership, while Schlafly in Missouri buys a long-running brewpub.