Longmont, CO, & Tampa Bay, FL-- Oskar Blues Brewery announced the acquisition of Tampa's Cigar City Brewing.
Putting months of acquirement rumors to rest, the decision is driven by
mutual irreverence, respect and desire to stay true to craft beer
combination stems from the want to take risks, sniff out bullsh*t and
grow against-the-grain in an era of increasing competition within craft
beer. The collaboration will match the years of large-scale growth,
expansion expertise and resources of Oskar Blues with the strength of
Cigar City's local following to help both breweries strengthen their
future position. Similarly to Oskar Blues, Cigar City's award-winning
brews are well known and respected within the craft community.
City is facing next-level challenges and we needed to develop
next-level skills and resources to meet them. But, we got into beer out
of passion and an unwavering desire to travel our own path. We didn't
want to just shove our round peg into some f*cking square hole and hope
for the best. Florida craft beer drinkers want something they can
proudly stand behind. These guys get that. They wrote the book on
keeping it real," says Joey, founder of Cigar City Brewing. Joey will
remain as CEO of Cigar City following the transaction.
2009, Cigar City Brewing has achieved a near constant growth pattern
reaching nearly 60,000 barrels in 2015, placing the Tampa Bay area and
the state of Florida on the craft beer map. The partnership will provide
additional investment for Cigar City's infrastructure growth within
Cigar City has done for the community of Florida craft beer is
impressive. It's important for our culture to do business with people
we want to hang out with and Joey and the gang fit," Dale Katechis, Soul
Founder of Oskar Blues, stated about the new partnership.
Blues Brewery is the funky brewpub that started brewing beer in 1999 in
the small town of Lyons, CO and is responsible for starting the craft
beer-in-a-can movement in 2002 with Dale's Pale Ale. In 2008, the
brewery expanded down the street to Longmont, CO. and added an
additional brewery in Brevard, NC in 2012. Oskar Blues brewed 192,000
barrels in 2015 and announced another brewery in Austin, TX scheduled to
open in May of 2016.
Terms of the acquisition are not disclosed.
About Oskar Blues Brewery
Founded by Dale Katechis in 1997 in Lyons,
Colorado, Oskar Blues Brewery launched the craft beer-in-a-can
apocalypse with hand-canned, flagship brew Dale's Pale Ale. Today, Oskar
Blues is one of the fastest growing breweries in the country and
operates breweries in Longmont, Colorado and Brevard, North Carolina,
while producing 192,000 barrels in 2015. The original canned craft
brewery continues push innovation with the announcement of an Austin, TX
brewery in May of 2016 and creations like The Crowler while it
distributes to 49 U.S. states, Washington, D.C., as well as parts of
Canada, Sweden, and the U.K.
In 2013, Oskar Blues founded the CAN'd Aid Foundation,
a 501(c)(3) nonprofit public charity that offers grassroots grants to
those making a difference in the areas of community, the environment,
music, and more. In 2015 alone, CAN'd Aid partnered with 52
organizations and provided nearly $400,000 in charitable contributions,
bringing the total amount raised $1.9 million to date. CAN'd Aid's
"do-goodery" efforts include: