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Anheuser-Busch acquires Virginia-based Devils Backbone Brewing

The GABF gold-medal-winning brewery is the latest to join The High End portfolio.
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Devils Backbone Brewing

Devils Backbone Brewing

It’s been about four months since Anheuser-Busch InBev’s acquisition of Four Peaks Brewing, so it was probably due time for another announcement. This morning, AB announced it would purchase Virginia-based Devils Backbone, brewer of GABF medal-winning Vienna Lager, among other beers.

According to AB’s release, Devils Backbone is the fastest-growing craft brewery in Virginia and was founded in 2008. Devils Backbone joins Goose Island, Four Peaks, Golden Road, Elysian, 10 Barrel and Blue Point in AB’s specialty and import division, The High End. The release also states that the brewery’s current management will remain in place.

Part of the reason that we chose to do this were the challenges that we had associated with growing our brewery from a financial standpoint and also some from a technical standpoint,” says Devils Backbone co-founder Steve Crandall. “Anheuser-Busch is going to help us with that on both fronts. We have literally not been able to fill potholes in our parking lot because every dime went to growing capacity. So we went through traditional banking channels to fund our growth and they just don’t have that capability. We chose a strategic partner to help us meet our needs.” 

Crandall says the partnership will allow Devils Backbone to add a barrel aging program, which they previously did not have space for, and to install bathhouses and camping facilities to better serve the Appalachian Trail hikers and campers that the brewery has long catered to.

Editor’s note: This post has been updated to reflect comments from Steve Crandall.

 

Author
Kate Bernot is DRAFT’s beer editor. Reach her at kate.bernot[at]draftmag.com.

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