April 30, 2017 2:41 PM ET

Beverages

Company Overview of The Brooklyn Brewery Corporation

Company Overview

The Brooklyn Brewery Corporation manufactures beers. It offers its products to bars and restaurants. The company provides apparel, glassware, barware, wall decorative items, brew kits and mixes, and novelties via online. It serves customers through a network of distributors/representatives in the United States and internationally. The company was founded in 1987 and is based in Brooklyn, New York.

79 North 11th Street

Suite 1 Brewers Row

Brooklyn, NY 11249

United States

Founded in 1987

Phone:

718-486-7422

Fax:

718-486-7440

Key Executives for The Brooklyn Brewery Corporation

Chief Executive Officer
Co-Founder and Chairman
Controller
Director of Operations
Head of European Sales
Compensation as of Fiscal Year 2016.

The Brooklyn Brewery Corporation Key Developments

Brooklyn Brewery Plans to Construct $80 Million Craft Beer Facility in Orange County

Brooklyn Brewery is planning to construct a $80 million craft beer plant at the Stewart Industrial Park near Newburgh, Orange County, US. Commissioners of the Port Authority are expected to give their final approval for a 60 year lease of 18.9 acres of vacant land to the company for an aggregate ground rent of $30 million. After leasing the land, the company has plans to construct a 250,000 ft2 building which could be expanded by another 100,000 ft­2. Apart from having a refinery and a warehouse, the construction plan could have a visitors' place and a retail centre as well. The brewery has been operating from Williamsburg in Brooklyn and as of 2014, it produces about 80,000 barrels per year and 130,000 barrels a year through a contract plant in Utica.

Kirin Brewery Co. Forms a Capital and Business Alliance with Brooklyn Brewery Corp

Kirin Brewery Co. announced that it has formed a capital and business alliance with Brooklyn Brewery Corp. The unit of Kirin Holdings Co. will take a 24.5% stake in Brooklyn Brewery to produce and sell the U.S. craft beer maker's products in Japan from spring 2017. Around January 2017, they will establish a joint firm in Japan, of which Kirin plans to own 60% and Brooklyn Brewery the rest. The new company will undertake the promotion of the New York beer brand as well as production and sales, looking to develop Japanese-dedicated products and operate restaurants in the future. It also plans to expand its operations in Brazil, where Kirin has a plant.

Carlsberg to Distribute Brooklyn Brewery Beers in UK

James Clay is currently handling Brooklyn Brewery's beer portfolio in the country. From December 30, 2016, the distribution rights will be transferred to Carlsberg UK. Brooklyn Brewery's beers include Brooklyn Lager, Brooklyn Scorcher IPA, Brooklyn Summer Ale, Brooklyn East IPA and Brooklyn Sorachi Ace. Carlsberg UK’s existing portfolio includes craft cider Bad Apple, Danish style pilsner Carlsberg Export, Italian lager Poretti, Belgium ale Grimbergen, Spanish lagers Mahou and San Miguel, and Sweden’s Backyard Brewery range including Shed Head, Bee 17 and Lawnmower. Carlsberg UK will manage the Brooklyn Brewery portfolio through its newly-launched brand and sales division House of Beers.

Similar Private Companies By Industry

Company Name Region
1188 Brewing Co. LLC United States
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24 Karat Wines LLC United States
26 Brix LLC United States
312 Spirits, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 12, 2016
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