just-drinks authors and correspondents

Jonathan Buxton, partner and head of Consumer & Retail, Cavendish Corporate Finance

Articles by Jonathan Buxton, partner and head of Consumer & Retail, Cavendish Corporate Finance

Craft beer companies have to choose between three paths to growthScale or Stale - M&A options for craft brewers looking to grow their business - Industry Comment 7 August 2017

Craft beer has become the fastest-growing - and the most competitive - segment of the global beer market. With more than 1,700 craft breweries in the UK and over 5,200 in the US, the sector has a 12.3% market share of the total beer category and is starting to present a challenge to the growth of large breweries. One way mass beer producers have fought against the bubbling competition spilling over from craft brewers is to acquire them. Anheuser-Busch InBev, MillerCoors, Constellation Brands and Heineken - which together control 81% of the US market – have all expanded their portfolios through buying smaller craft beer brands.




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