Hop Take: For National Craft Breweries Like New Belgium, Independence Is Not Sustainable

Unless you live under a beer can-shaped rock, you’ve likely heard the news that New Belgium Brewing will be acquired by Lion Little World Beverages, a subsidiary of Kirin, a Japanese brewing conglomerate.

New Belgium co-founder Kim Jordan confirmed the announcement with a letter on Tuesday, saying that Kirin’s subsidiary will acquire 100 percent of the Colorado-based craft brewery. The deal is expected to close by the end of 2019, dependent on New Belgium’s employee-owners agreeing to the sale.

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