Opinion: Why Oskar Blues chose craft beer over $1 billion

 

Oskar Blues founder Dale Katechis: ‘I considered the private-equity guys the ones with the evil horns who come in and break your business all for the sake of profit.’

Craft beer is getting awfully serious for what was supposed to be the irreverent, dressed-down younger sibling of industrial macro beer.

Just last week, San Diego-based brewer and distiller Ballast Point sold to Corona brewer and distributor Constellation Brands STZ, +3.24%  for $1 billion. That’s roughly $8,300 for each of the 123,000 barrels of Sculpin IPA, Grunion Pale Ale and Victory at Sea Imperial Porter in the roughly 26 states in Ballast Point’s distribution radius.

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