• Atwater, Molson Coors Discuss Pending Deal for Michigan's 4th Largest Craft Brewery

    1 month ago - By Brewbound

    Molson Coors Beverage Company today announced plans to fully acquire Atwater Brewery , a transaction that has been discussed on and off for the last couple of years, according to Mark Rieth, who has owned the Detroit craft brewery outright since 2005.
    “We've been in heavy communication with them for probably the last two years on and off,” Rieth told Brewbound. “And then they went through their restructuring and revitalization plan, and we started having serious conversations over the last six months, and it kind of escalated up.”
    The transaction is expected to close in the next couple of...
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  • Molson Coors to Acquire Detroit's Atwater Brewery

    Molson Coors to Acquire Detroit's Atwater Brewery

    1 month ago - By Brewbound

    Molson Coors Beverage Company's craft arm, Tenth and Blake, has reached an agreement to acquire Detroit, Michigan-based Atwater Brewing. Terms of the deal were not disclosed but the deal is expected to close in the next couple of months.
    “The agreement with Tenth and Blake is both the culmination of our past and the catapult to our future,” Atwater owner Mark Rieth said in a press release. “For Atwater to continue to grow, it will require both capital and brewing expertise. Tenth and Blake brings both, which makes them the ideal strategic partner to help us continue to live our mantra...
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