'TIS THE SEASON FOR FLAVORS OF CRANBERRY AND ORANGE, CINNAMON AND SPICE, FOR EVERYONE NAUGHTY AND NICE! It is a certified B Corporation and gets high marks for sustainability: Its Fort Collins brewery produces 18% of its electricity on-site, and the company wins lots of awards for its culture. Ive had very successful surgery, Bell said. Gotham Restauranta foodie mecca in the West Village for some 36 yearshas triumphantly been reinvented under new ownership with a new menu and new look. New Belgium Brewing to start work on $175m Asheville facility, DBR, March 17, 2014. To counter these effects, New Belgium has taken extraordinary measures to make its business green and sustainable. The trend started in 2014, when Grand Rapids-based Founders Brewing Co. sold a 30-percent stake to Spain-based Mahou San Miguel, which later increased to 90 percent in a 2019 deal. NPR transcripts are created on a rush deadline by an NPR contractor. Driving the news: Fat Tire maker New Belgium Brewing Co. introduced a new tagline and packaging Tuesday, reading "high quality, low impact . Employee-owned craft brewer New Belgium, maker of Fat Tire, has voted to sell the company to an international beer conglomerate that has a controversial background. Over the past three decades . All those images have a place in the beer world. Being a force for good has been a part of the companys identity and vision since its start in 1991. A hair care product thats vegan and plant-based? Todays announcement also signals that craft dealmaking has once again picked up following a nearly two-year period where many marquee buyers hit the pause button on spending. Enter the 6-digit verification code sent to, New Belgium Brewing CFO: How to balance profits with a strong ESG agenda, Join a global community of senior CFO leaders, and access the latest analysis and reports, Adapt and Thrive with Automated Accounting Software. The 2014 documentary We The Owners examined New Belgium's focus on employee-ownership and how that shapes its overall culture of collaboration. Before our founders ever sold a bottle of beer, they hiked into Rocky Mountain National Park with a jug of home brew to outline the values that would shape our brewery. Laura Ferenchik pours beer for visitors taking a brewery tour at New Belgium Brewing Company in Fort Collins on Dec. 23, 2014. To quantify the financial impact of these investments and to protect these priorities when there are other competing human and financial resource constraints, we have prioritised the responsibilities of one of our analysts to include modelling the financial impact of ESG requests.. We give away $1 per barrel of every barrel sold. Today New Belgium is owned entirely by its employees through a stock-ownership plan and is widely recognized as a case study in progressiv Back in 2013 the employees of New Belgium Brewing were called to an all-hands meeting, where Kim Jordan, the companys cofounder and then CEO , took the stage to deliver big news. The craft beer market is more competitive than ever, and beer-makers need a lot of capital if they want to keep growing. Our original wood-aged sour spends one to three years acidifying Read More, La Folie, French for "the folly," is a beer steeped in New Belgium brewing tradition. Each employee was handed an envelope; inside was a reveal of the new owners a mirror. We give $1 for every barrel of beer sold to non-profit organisations working to solve the worlds most pressing social and environmental issues and have donated more than $30 million to date.. Mars Wrigleys CFO on championing the switch to paper-based packaging. Opinions expressed by Forbes Contributors are their own. Expect more Voodoo Ranger beers to flood the market. Matt Bloom from member station KUNC reports on the end of an era for longtime Fat Tire fans. New Belgium Brewing Company is a Belgian-style brewery located in Fort Collins, Colorado. As a certified B Corp, New Belgium continues its commitment to being a brewery for good. Before 2002, New Belgium distributed in only 16 states; by 2015, it had become the fourth-largest craft brewer in the country and the eighth-overall largest brewer in the United States. Our Fort Collins brewery location is where it all began for New Belgium Brewing. Read Less, 2021 GABF Gold Medal winner. Winner of a gold medal at the 2018 Great American Beer Festival, Transatlantique Kriek begins Read More, A blend of Oud Beersels Kriek and New Belgiums Golden Sour. Boing Boing uses cookies and analytics trackers, and is supported by advertising, merchandise Bells Executive Vice President Carrie Yunker, who has been with the company for 18 years, will lead day-to-day operations for Bells in Kalamazoo and report to New Belgium CEO Steve Fechheimer, a Michigan native. Today, New Belgium brands are distributed in Canada, Australia, Japan, South Korea, Sweden and Norway. This text may not be in its final form and may be updated or revised in the future. Winner of a gold medal at the 2018 Great American Beer Festival, Transatlantique Kriek begins its life in oaken vessels of Gert Christiaens Oud Beersel, a 130-year-old lambic brewery in the Zenne valley of Belgium home of authentic Lambic beer. Larry Bell, When our co-founders started the company in the basement of their home in 1991, they took a hike out to Rocky Mountain National Park, where they defined their core values and beliefs which would eventually be implemented company-wide. Each batch is bottled-conditioned and 100% naturally carbonated, allowing for the perfect texture and carbonation that our blenders intended for this beer. Its a cyclical function, says McLarnon. Learn more at wavehealthaz.com. BLOOM: The brewery was one of the first to be 100% employee-owned. To whom? Once-Booming Craft Beer Market Stalled At 0% Growth In 2022, Brewers Association Reports. newbelgium.com. Their. Philadelphia, PA, Skyline Stage at the Mann Water, barley, hops and fruit harvests have been hit hard by climate change. We went through almost the exact same process and, in a lot of ways, came to the same conclusions as Larry did as Lion is a brewers brewer that really focused on making great beer and really focused on their communities in Australia, as well, New Belgiums Fechheimer told MiBiz. When Gloomhaven came out in 2017 it took tabletop games by storm. Please note shipping cost will be calculated at checkout as well as adding discounts to your order. New Belgium Brewing was founded in 1991 in Fort Collins, Colo., by Kim Jordan, a soc Show More. Shareholders of New Belgium, the maker of Fat Tire, voted yesterday to sell to an international beer conglomerate with a controversial background. Notes: New Belgium is owned by Lion in Sydney, which is a subsidiary of Kirin in Japan. In a press release, Anchor Brewing spokesperson Sam Singer said that economic pressures made business "no longer sustainable," and that employees were given their 60-day notice Wednesday. A sports fan with cans and siphons strapped to his hat? How do make sure that we are the best, most vibrant New Belgium that we can be? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Green Living magazine is designed to empower you with new ideas and inspirations using natures resources to lead you to a more sustainable you. Modelo, brewed in Mexico, READ THE REST, We thank our sponsor for making this content possible; it is not written by the editorial staff nor does it necessarily reflect its views. This is a BETA experience. Oh, I love Fat Tire. Prepare for take-off and hold on to your aviators. Read Less, Belgian Reserve Series. Maryland Heights, MO, New Belgium Brewing was founded in 1991 in Fort Collins, Colo., by Kim Jordan, a soc. "The inflationary impact of product costs in San Francisco is one factor," Singer told SFGATE at the time. Combined, the four largest announced transactions are valued at more than $1 billion. From a financial perspective, we make it a priority to protect budgetary operational spends and allocate capital dollars to ensure we meet our goals around inspiring social and environmental change, says McLarnon. 'TIS THE SEASON FOR FLAVORS OF CRANBERRY AND ORANGE, CINNAMON AND SPICE, FOR EVERYONE NAUGHTY AND NICE! From individual barrel expressions, fruit and spice experimentation and fermentation explorations, the Wood Cellar Reserve represents our most ambitious efforts in our two biggest passions wood and beer. Buckle up, with this hazy IPA you'll be buzzing the tower in no time. Current New Belgium CEO Steve Fechheimer will continue to lead the company, and the companys headquarters will remain in Fort Collins. Dangerously juicy with tropical flavors, Danger Beach is the next guest star in the rotating IPA series. McLarnon explains that as the CFO of New Belgium, she often must look in two directions at the same time tracking the companys month-by-month financial performance so it can meet its goals and share profits with its co-workers, while also maintaining a close eye on the future. BY the time I was old enough to learn that Anchor was the company and "Steam," a particular way of brewing beer, I just thought of it as not very good. New Belgium Brewing Company is a nationally distributed brewery in the US. New Belgium Brewing was founded in 1991 in Fort Collins, Colo., by Kim Jordan, a soc Show More New Belgium Brewing was founded in 1991 in Fort Collins, Colo., by Kim Jordan, a social worker, who built her company the only way a social worker would: People first. sites. Most recently, Detroit-based Atwater Brewery, which operates a taproom in Grand Rapids, was acquired in January 2020 by Chicago-based Molson Coors Beverage Co., one of the largest international brewing conglomerates. November 12, 2021 at 6:00 a.m. FORT COLLINS Lion Little World Beverages, the Australian brewer that acquired iconic Fort Collins brewer New Belgium Brewing Co. in 2019, has announced plans to acquire Bell's Brewery Inc., based in Kalamazoo, Michigan. Asheville, North Carolina 28806. BLOOM: Sitting at a bar in town, she says the sale changes things for her. Read Less, La Folie, French for "the folly," is a beer steeped in New Belgium brewing tradition. We live in an era in which climate change is already drastically increasing the cost of raw materials required to brew world-class beer, so we must consider how to mitigate risk by investing in innovative climate solutions, she says. Melissa Goodwin is the owner of Wave Health and Pain Therapy, where she offers low-frequency acoustic wave pressure therapy, a drug-free, non-invasive approach to total body health and pain relief. 500 Linden Street Read about what we do with the data we gather in our Privacy Policy. Read Less, A surprisingly bright taste and a dry, chocolaty finish -- one evocative of dark brews enjoyed in Belgian taverns 500 years ago. With expansions to Asheville, N.C., in 2016; Denver, Colo., in 2018; San Francisco in 2021; and the 2021 acquisition of Bells Brewery, based in Kalamazoo, Mich., this people-centric model has led New Belgium to become arguably the most popular and fastest-growing American craft brewer today. The complete guide to modern planning: why it works, how to get started, and whos winning with it already. The brand produces Fat Tire Amber Ale, Voodoo Ranger IPA, Mural Agua Fresca Cerveza, and La Folie Sour Brown Ale, among other regular and seasonal beer varieties. Fat Tire is one of a handful of beers offered by the New Belgium Brew Co. and it is the smoothest Amber Ale you will ever try. [13] 2016 saw new additions to the brand, debuts of Voodoo Ranger and Day Blazer line. Its the third time that the Fat Tire maker has transacted in the last two decades. Speaking to those familiar with craft beer dealmaking, its understood that dozens of craft breweries ranging in size are still exploring sales and that additional deals could be announced before the end of the year. Our taproom features a constant rotation of San Francisco-inspired, small-batch releases, which means there's always something new to try. Find out more about New Belgium at www.newbelgium.com. [16] New Belgium's brewery, which is 133,000sqft (12,400m2), has capacity to produce up to a half-million barrels of beer. One of the country's largest independent craft breweries is getting a new owner. My age is getting into the 60s. Brewed with Pilsner and Munich malts, Trippel is classically smooth and complex, and sings with a high-note of sweet citrus before a pleasantly dry finish delivers a warm, strong boozy bite. She has also shown how businesses can be a force for good by promoting positive social and cultural practices and committing to environmental stewardship. Founded by Kim Jordan and Jeff Lebesch in 1991 in Fort Collins, Colorado, the company expanded to Asheville, North Carolina, in 2016 and Denver, Colorado, in 2018. of Used to reference the environmental conditions that affect the brew, we like to think about the terroir of our foeders. The company's flagship beer is Fat Tire Amber Ale. New Belgium Brewing, the fourth largest U.S. craft brewer, sold to Lion Little World, an Australian company owned by Japanese beverage giant Kirin, at the end of 2019. In its 2018 Force For Good Report, New Belgium outlined the companys efforts to combat climate change. Burly forearmed women with fists full of steins? The transaction, which Bells Brewing frames as a partnership with New Belgium, marks a complete exit for Bell, who founded the company in 1985, and daughter Laura Bell, who formerly served as CEO and is the brewerys only other shareholder. These efforts are not funded by passing the cost on to their customers, but by taxing itself on its purchased energy usage. In addition to Australias Little Creatures, Lions craft beer interests outside of the U.S. include Magic Rock Brewing Company in the United Kingdom and Londons Fourpure Brewing, among others. This refreshing lager will take you to another time & place. California is warm, and coming by a cool space to "lager" a beer was hard. Read Less, With a powdery-soft body and a mountain of fruit-forward hops, this limited-time Hazy IPA is only available during our favorite time of year: SKI SEASON! "Before Selling Her Craft beer Business to a Beverage Giant, She Sold it to Employees", New Belgium Brewing bringing its craft beer to Mississippi, "New Belgium founder Jeff Lebesch shares insights on life after beer", "New Belgium Brewing Company to sell to Kirin's global beverage empire", "New Belgium Brewing Sells to Kirin, Ending Decades of Independent Ownership", "New Belgium founder: Sale 'not the last chapter' for Fort Collins brewer", The 25 Most Audacious Companies: It's All About Ownership, Asheville brewers cheer planned New Belgium expansion in River Arts District, "New Belgium Brewing rolls out icon tied to Fat Tire beer", New Belgium Brewing Company (Fort Collins), https://en.wikipedia.org/w/index.php?title=New_Belgium_Brewing_Company&oldid=1157256674, 2 breweries: Fort Collins, CO, and Asheville, NC, This page was last edited on 27 May 2023, at 11:53. Brewery cofounder Kim Jordan sold 41% of the business to an employee stock ownership program (ESOP) in 2000. Guinness enlists anime legends for epic beer adventure . Now What? It works hard to reduce its greenhouse emissions . Bell assured that beer drinkers would detect virtually no changes upon completion of the deal as the company will continue to produce its brews in Comstock, Kalamazoo and Escanaba. An appreciation for the creative process and a passion for brewing enable us at Blue Moon Brewing Company to offer a welcome twist of flavor in our beers that everyone can enjoy. About New Belgium Brewing. We need to remain profitable to ensure our ability to invest in our people, communities, and our craft without which we would not exist.. and affiliate links. Zac Efrons Netflix Series Down to Earth Explores Sustainable Travel. Packed with bright tropical aromas and brilliant citrusy flavors, this unfiltered IPA wraps up with a pleasantly smooth finish. Matt Tapper, Kim Jordan and Steve Fechheimer toast to the new partnership. Founder Larry Bell told the company today at an all-employee meeting that he was selling the popular Kalamazoo-based brewery the 16th largest in the country to Australian brewing conglomerate Lion Little World Beverages, which also owns Fort Collins, Colo.-based New Belgium Brewing Co.

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