Fans of Chicago-based brewery Goose Island have reason for concern after today’s announcement that Anheuser-Busch InBev is set to purchase the company in a deal worth $38.8 million.
The not horrible news: The sale will allow Goose Island to ramp up production, making its brews available to more people. The worse news: Goose Island’s brewmaster will be stepping down.
One person that seems pleased by the deal is Goose Island founder John Hall, who will hang around as CEO:
Demand for our beers has grown beyond our capacity to serve our wholesale partners, retailers, and beer lovers… This agreement helps us achieve our goals with an ideal partner who helped fuel our growth, appreciates our products and supports their success.
Anheuser-Busch to take over Goose Island [Chicago Breaking Business]