Find happy hours and drink specials anywhere you are

Kirin Is Buying a Minority Stake in Brooklyn Brewery

by Patrick Jones on Oct 19, 2016 in Beer

Brooklyn Brewery has been turning heads in the Northeast with their extensive lineup of craft beers for some time, and now they’re about to turn heads in the far east. According to the Wall Street Journal, Kirin, which is the second-largest beer maker by market share in Japan, is buying into Brooklyn Brewery.

Kirin Holdings Co is announcing that they’re agreeing to take a minority stake — 24.5%, specifically — in Brooklyn Brewery, the financial details of which were not released. Their aim is to expand the craft beer market in Japan and to eventually develop a joint original product in which Kirin would own 60% and 40% would go to Brooklyn.

At a news conference, Takayuki Fusion, President of Kirin’s core beer unit, said “The country’s (Japan) top four beer makers are competing ruthlessly with each other, so with value-added products like craft beers, we can get our heads above such competition.” There are also plans to expand this new partnership to Brazil.

For Brooklyn Brewery, partnering with a large company like Kirin will absolutely help them bring their craft beers to a much larger audience, so we’re certainly excited to see where this takes them.

Photo via Flickr user aslakr

Recent Articles
spacer

Feedback

How are we doing? Tell us what you like or don't like and how we can improve. We would love to hear your thoughts!

*Name:
*E-mail:
*Suggestions:
 
In Case You Had Forgotten, Drew Barrymore Tells Us How to Drink Wine

In Case You Had Forgotten, Drew Barrymore Tells Us How to Drink Wine

Back in April, Drew Barrymore sat down for an interview with Vogue about her latest rose from her wine company...read more ›

by Jessie Donofrio Aug 15, 2017
Things No One Asked For: Prosecco Donuts

Things No One Asked For: Prosecco Donuts

In case you were tired of drinking Prosecco the regular way, a New York bakery has introduced a new way to imbibe it: a Prosecco donut....read more ›

by Ryan Hudak Aug 8, 2017
Wed
Aug 23
Sat
Sep 9
Registration at The Prospect 
SPONSORED
Find happy hours and drink specials anywhere you are
Head to These D.C. Bars for National Rum Day, August 16

Head to These D.C. Bars for National Rum Day, August 16

National Rum Day falls on August 16, and to celebrate, we've pulled together a list of events and specials taking place throughout the month....read more ›

by Lanna Nguyen Aug 8, 2017
This New York Winery is Producing a Rose-Inspired Gin

This New York Winery is Producing a Rose-Inspired Gin

Can't decide between a gin & tonic and a glass of rose? Thanks to Wolffer Estate Vineyard's newest gin release, you don't have to choose....read more ›

by The Drink Nation Aug 8, 2017
Since Humans Aren't Creative Enough, Robots May Be Naming Our Beers Soon

Since Humans Aren't Creative Enough, Robots May Be Naming Our Beers Soon

Research scientist Janelle Shane decided to take matters into her own hands - well actually, the hands of robo...read more ›

by Jessie Donofrio Aug 8, 2017
Here's Where You'll Be Celebrating National Rye Month in D.C.

Here's Where You'll Be Celebrating National Rye Month in D.C.

August marks the beginning of Rye Month, and there's no better way to celebrate the grain than by sipping on drinks that are made with it....read more ›

by Lanna Nguyen Aug 1, 2017
Guillermo del Toro and Patron Tequila Collaboration Release

Guillermo del Toro and Patron Tequila Collaboration Release

Guillermo del Toro, Mexican writer, designer, and director for films such as Pan's Labyrinth and Hellboy, is working with Patron Tequila on a new expr...read more ›

by Alexander Frane Aug 1, 2017
Things No One Asked For: The Wine Necklace

Things No One Asked For: The Wine Necklace

Drinking wine can be such a hassle. First, you have to hold the glass in your hand like some kind of animal. Then, if you want to do something with ...read more ›

by Ryan Hudak Aug 1, 2017
Beer Brand Aurosa Makes Beer 'For Women,' Women Say They Already Have a Beer, and It's Called Beer

Beer Brand Aurosa Makes Beer 'For Women,' Women Say They Already Have a Beer, and It's Called Beer

Throw away your beer stash ladies, because a Czech beer company has made the only beer we will need. The compa...read more ›

by Jessie Donofrio Aug 1, 2017
SPONSORED
View all Articles

Sign up to get weekly drinking news, bar reviews, events and more sent directly to your inbox!

Close