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Anheuser-Busch InBev acquires Spain's Cervezas La Virgen

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Anheuser-Busch InBev's venture capital unit, ZX Ventures, has bought Spanish brewery Cervezas La Virgen.

AB InBev is buying Cervezas La Virgen through its venture capital arm, ZX Ventures

AB InBev is buying Cervezas La Virgen through its venture capital arm, ZX Ventures

Madrid-based La Virgen will join ZX's Craft and Speciality network, AB InBev told just-drinks today. Financial details have not been disclosed, however AB InBev confirmed that it has acquired all the shares of La Virgen.

"La Virgen is a reference in the Spanish craft beer market and has demonstrated a constant commitment to quality and innovation in a sector in continuous growth," AB InBev said. "Through this partnership, we will support Cervezas La Virgen to achieve its ambitious plans for the future, using our expertise and distribution network to help them get their great beers to more people."

La Virgen produces four permanent brands including Madrid Lager and Jamonera, an amber ale. It was opened in 2011 by three Spaniards, who came up with the idea while living in San Francisco. The company employs more than 35 people and has a 2m litre capacity at its brewery and taproom.

The purchase follows AB InBev's acquisition of Italian brewer Birra del Borgo last year. The Budweiser brewer also owns Camden Town Brewery in London.


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