A California Craft Beer Icon Found a Buyer. Its Home Brewery Is Still Shutting Down and Eliminating 220 Jobs
Stone Brewing production will leave Escondido and move to facilities operated by Firestone Walker and Duvel USA.
Stone Brewing production will leave Escondido and move to facilities operated by Firestone Walker and Duvel USA.
BELLINGS Intelligence Score: 12
Why it matters
The sale of a craft beer brand and closure of its home brewery with job losses is primarily a routine corporate transaction with limited direct impact on credit markets or broader financial conditions.
Sources
Inc.
A California Craft Beer Icon Found a Buyer. Its Home Brewery Is Still Shutting Down and Eliminating 220 Jobs
Stone Brewing production will leave Escondido and move to facilities operated by Firestone Walker and Duvel USA.