Chicago’s Craft Beer Weekend, July 15-17
Another sort-of buyout in the beer world this week. Avery Brewing of Boulder, CO has sold a minority stake in its brewery to Spanish brewing conglomerate Mahou San Miguel. The investment comes after Avery built a $30 million brewing campus, and has been cutting back on seasonal release to focus on year-round brands. Mahou San Miguel previously purchased a 30% stake in Founders Brewing in 2014. (Westword)
In more local news, Lake Effect Brewing has given up after six years on its plans to take over a firehouse in Jefferson Park as a new tap room and kitchen Owner Clint Bautz posted that many delays in permitting left the brewer with little time before the lease on the current space, 4727 W. Montrose Ave., expires. Instead, Lake Effect has leased a storefront in the Avondale neighborhood with plans to open by the first of the year. (BlockClubChicago)
Friday, July 15
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