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Heineken Now Fully Ownes Lagunitas...
Posted: Fri May 05, 2017 8:05 am
by MadBrewer
They had a 50% part in the company for some time now, seems they now bought out the other 50% of Lagunitas in an attempt to bring Lagunitas to other countries with Heienken's brewing power and distribution. Once again, proof that money talks. This had to be a huge pay out.
http://www.latimes.com/business/la-fi-h ... story.html
Re: Heineken Now Fully Ownes Lagunitas...
Posted: Fri May 05, 2017 8:24 am
by Dawg LB Steve
Saw that this morning.
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Re: Heineken Now Fully Ownes Lagunitas...
Posted: Fri May 05, 2017 8:34 am
by Beer-lord
I think Ballast Point got 500 million so nothing would surprise me but little by little the craft gods are falling.
Re: Heineken Now Fully Ownes Lagunitas...
Posted: Fri May 05, 2017 9:14 am
by RickBeer
Ballast Point was $1 Billion. Have not seen numbers for Lagunitas, but the 50% sale was rumored to be $500 million, so that puts it about $1B also.
Hey, let's all kick in our total life savings and buy a brewery!
Re: Heineken Now Fully Ownes Lagunitas...
Posted: Fri May 05, 2017 12:14 pm
by Beer-lord
I've got $45 to get us started!
Re: Heineken Now Fully Ownes Lagunitas...
Posted: Fri May 05, 2017 12:28 pm
by RickBeer
Great start!
$1,000,000,000 / $45 = 22,222,221 more contributions like this and we're home free. Who's next?
Re: Heineken Now Fully Ownes Lagunitas...
Posted: Fri May 05, 2017 1:55 pm
by FedoraDave
If I kick in $46 do I get a majority share?