Drinks investment firm The Griffin Group has acquired San Francisco’s Anchor Brewing Company.
The purchase, announced yesterday (27 April), will see Griffin take over Anchor’s brewery and distillery in the city. Financial details behind the transaction were not disclosed.
Anchor, which dates back to 1870, was acquired by Fritz Maytag in 1965. In 1993, the company also began distilling spirits and owns the Old Potrero whiskey and Junipero and Genevieve gin brands.
Griffin has subsequently created Anchor Brewers & Distillers, of which Maytag will be chairman emeritus.
Additional affiliated companies to be held under Anchor Brewers & Distillers include Preiss Imports, a US specialist spirits and beer importer, and BrewDog USA, the US division of the UK brewer.
Stay informed for just £1! *
Subscribe to Just Drinks for unbiased coverage of the global drinks industry, offering insights into the corporate strategies of beverage manufacturers and brands worldwide.
What’s included in your subscription:
Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot beverages
Unrivalled drinks industry comment from leading sector specialists
Ready to stay informed? Subscribe now and gain access to exclusive content.