Calgary-based Banded Peak Brewing acquired by Labatt

Alberta’s qualification drink attention saw another vital growth progressing this week when Labatt Breweries of Canada acquired Calgary’s Banded Peak Brewing Ltd.

It’s a second time in a past year an Alberta-based craft brewer has been purchased by a vast multinational company. Last May, shareholders of Wild Rose Brewery voted in foster of accepting an offer from Sleeman Breweries.

The value of a understanding was not disclosed, and Banded Peak will continue to use a same mixture during a brewery and will not decoction other Labatt products.

“When we started this 4 years ago, we had no thought that this was even a possibility,” said Alex Horner, co-founder of a brewery. “Right from a beginning, a idea has only been to make overwhelming qualification drink and to share it with as many people as we can. This partnership is a outrageous event for us.”

Horner started a brewery with his friends Matthew Berard and Colin McLean. Including that trio, a brewery now has 11 full-time employees and 4 part-time employees, all of whom will keep their jobs relocating forward.

“This is an impossibly good thing for Alberta and for qualification beer,” Horner said. “It shows that we’re removing beheld on a most incomparable scale, and that there’s investment entrance into a province. We’re going to take a things we’ve been doing and do them during a most incomparable scale.”

Labatt’s conduct of craft Rob Legate said a association had taken notice of Alberta’s qualification drink scene, that he pronounced was flourishing during a faster rate than qualification drink opposite a rest of Canada.

“We were vehement to be a partial of that. Therefore, we partnered adult with Banded Peak, that is a super sparkling brand,” Legate said. “Three extraordinary guys founded it, and we’re looking brazen to operative with them and partnering for a long-term here.”

Legate pronounced recipes and crew would sojourn a same, while Labatt would precedence a scale to make some-more of a drink and ride it to some-more Albertans opposite a province. 

Peter Johnston-Berresford, an instructor in brewery operations during Olds College in Olds, Alta., pronounced fans of Banded Peak products shouldn’t worry too most about a vast house interfering with a product.

“That’s been a selling around this sale, is that they’re not going to hold a beer, only to amplify their sales,” he said. “They’re good beer, so because would a large association like that wish to meddle with that?”

The dual qualification brewery sales in a past year reflected maturation in a industry, Johnston-Berresford said, yet he remarkable that a success of any particular sale would be formed on a merits.

“If anything, this has reconfirmed that this is not only an art, in brewing beer. It’s unequivocally a business,” he said.

Article source: https://www.cbc.ca/news/canada/calgary/banded-peak-brewing-labatt-alex-horner-matt-berard-1.5447870?cmp=rss