A-B has just purchased 20-year-old Seattle brewer Elysian, per company statement. The deal should close in Q1 2015.
Elysian sold more than 50,000 barrels of beer in 2014, with Immortal IPA accounting for more than a quarter of the company's total volume.
"For two decades, we've welcomed guests into our brewpubs and served them creative and impeccably crafted beers," said Joe Bisacca, Elysian ‎CEO and co-founder, in a statement. He will continue with Elysian along with his partners, Dick Cantwell and David Buhler. "After a lot of hard work, we've grown from one Seattle brewpub to four pub locations and a production brewery. With the support of Anheuser-Busch, we will build on past successes and share our beers with more beer lovers moving forward."
Dick said they'll "be able to take the next steps to bring ... energy and commitment to a larger audience" with the deal.
"Elysian's story includes everything we look for in a partner," said Andy Goeler, CEO, Craft, Anheuser-Busch. "The team has spent their careers brewing distinctive beers in the thriving West Coast beer community and building unique venues that celebrate beer. As the fastest growing brewer in Washington, their recipe is working. Elysian's brands are an important addition to our high-end beer portfolio, and we look forward to working together."
In addition to the Seattle Airport Way brewery, the acquisition includes the company's four Seattle brewpubs, Elysian Capitol Hill, Elysian Tangletown, Elysian Fields and Elysian BAR.
More soon.