MillerCoors adds Saint Archer
California craft brewer wants to go national
Tenth and Blake, the craft and import division of MillerCoors, has acquired a majority stake in San Diego based Saint Archer Brewing.
Founded as recently as 2013, Saint Archer has shot up quickly with it expected to brew 35,000 barrels this year, more than double its output of the previous year. Its beers include a Blonde Ale, White Ale, Pale Ale and IPA.
Tenth and Blake plans to support its continued growth under the ongoing leadership of Josh Landan, Saint Archer’s co-founder and president, who noted that the acquisition will equip the brewer with better resources.
“We have always wanted to get great beer into more people’s hands,” said Landan. “We were fortunate that brewers big and small were interested in partnering with us, but Tenth and Blake was the clear choice. … With Tenth and Blake’s help, we hope to one day be a national brand.”
“We’re really excited about our partnership with Saint Archer,” said Scott Whitley, president and CEO of Tenth and Blake. “Saint Archer is consistent with our strategy of building our high-end portfolio while driving top line growth.
Saint Archer picked up two gold medals at the 2014 San Diego International Beer Festival and a gold medal at the 2014 Great American Beer Festival.
Saint Archer joins several craft brewers in the Tenth and Blake portfolio, including Blue Moon Brewing Company, Jacob Leinenkugel Brewing Company, Crispin Cider Company and a minority equity stake in Terrapin Beer Company.
The transaction is expected to complete next month. The terms have not been disclosed.