"In Massachusetts, Jack's Abby became Hendler Family Brewing Company, buying Wormtown Brewery and Night Shift Brewing. Colorado's Left Hand Brewing Company and Dry Dock Brewing Company merged under Indian Peaks Brewing Company."
"The first famous wave of consolidation in beer came right after Prohibition had hobbled the industry. There were nearly 1,200 breweries in the United States when Prohibition started and 700 after its repeal."
"Cut to the next wave of consolidation, when some of those same Big Beer companies started buying craft breweries. This hit a fever pitch in the mid-2010s."
Recent years have seen a trend of craft breweries merging their businesses rather than just collaborating on brews. Notable mergers include Jack's Abby with Wormtown Brewery and Night Shift Brewing, and Left Hand Brewing with Dry Dock Brewing. This wave of consolidation differs from past trends, where large breweries absorbed smaller ones after Prohibition and during the mid-2010s. The current mergers may signal a more efficient future for craft breweries, contrasting with previous consolidation periods that led to fewer choices for consumers.
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