The
combination stems from the want to take risks, sniff out bullsh*t and
grow against-the-grain in an era of increasing competition within craft
beer. The collaboration will match the years of large-scale growth,
expansion expertise and resources of Oskar Blues with the strength of
Cigar City's local following to help both breweries strengthen their
future position. Similarly to Oskar Blues, Cigar City's award-winning
brews are well known and respected within the craft community.
"Cigar
City is facing next-level challenges and we needed to develop
next-level skills and resources to meet them. But, we got into beer out
of passion and an unwavering desire to travel our own path. We didn't
want to just shove our round peg into some f*cking square hole and hope
for the best. Florida craft beer drinkers want something they can
proudly stand behind. These guys get that. They wrote the book on
keeping it real," says Joey, founder of Cigar City Brewing. Joey will
remain as CEO of Cigar City following the transaction.
Since
2009, Cigar City Brewing has achieved a near constant growth pattern
reaching nearly 60,000 barrels in 2015, placing the Tampa Bay area and
the state of Florida on the craft beer map. The partnership will provide
additional investment for Cigar City's infrastructure growth within
Florida.
"What
Cigar City has done for the community of Florida craft beer is
impressive. It's important for our culture to do business with people
we want to hang out with and Joey and the gang fit," Dale Katechis, Soul
Founder of Oskar Blues, stated about the new partnership.
Oskar
Blues Brewery is the funky brewpub that started brewing beer in 1999 in
the small town of Lyons, CO and is responsible for starting the craft
beer-in-a-can movement in 2002 with Dale's Pale Ale. In 2008, the
brewery expanded down the street to Longmont, CO. and added an
additional brewery in Brevard, NC in 2012. Oskar Blues brewed 192,000
barrels in 2015 and announced another brewery in Austin, TX scheduled to
open in May of 2016.
Terms of the acquisition are not disclosed.
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