Anheuser-Busch purchases Wicked Weed craft brewery


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

ASHEVILLE, N.C. (AP) — Anheuser-Busch InBev will purchase North Carolina brewery Wicked Weed and add it to its craft and import brand unit.

The Asheville Citizen-Times reports (http://avlne.ws/2oXCglr) the beverage giant announced the acquisition Wednesday. Wicked Weed, established in 2012, will join brands such as Stella Artois and Devils Backbone in The High End business unit, founded in 2015.

Wicked Weed co-founder and head blender Walt Dickinson says the Asheville brewery doesn't anticipate major changes or limitation to its creative freedom and will continue to retain significant autonomy upon finalization of the sale. Co-founder and sales head Ryan Guthy says the brand's distribution footprint will expand, but its imaging won't change.

The North Carolina brewery has created nearly 600 different beers since its founding and owns and operates four facilities in Asheville.

___

Information from: The Asheville Citizen-Times, http://www.citizen-times.com

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button