GRAND RAPIDS (AP) — Michigan’s largest brewery is being sold to a Spanish partner.
Founders Brewing in Grand Rapids has informed state regulators that Mahou San Miguel Group will have a 90% stake in the brewer by January.
Mahou San Miguel, based in Madrid, acquired a 30% stake in Founders in 2014. Founders says Mike Stevens and Dave Engbers, who co-founded the brewery in 1997, will each retain a 5% share and “have no intention of leaving.”
In a written statement last Thursday, Founders says it has “enjoyed an excellent relationship with Mahou Group.” Founders’ beers include All Day IPA, Breakfast Stout and Centennial IPA. It also produces seasonal beers.
- Posted September 02, 2019
- Tweet This | Share on Facebook
Spanish brewer taking control of Founders
headlines Oakland County
- Whitmer signs gun violence prevention legislation
- Department of Attorney General conducts statewide warrant sweep, arrests 9
- Adoptive families across Michigan recognized during Adoption Day and Month
- Reproductive Health Act signed into law
- Case study: Documentary highlights history of courts in the Eastern District
headlines National
- Inter American University of Puerto Rico School of Law back in compliance with ABA standard
- Chemerinsky: The Fourth Amendment comes back to the Supreme Court
- Reinstatement of retired judge reversed by state supreme court
- Mass tort lawyer suspended for 3 years for lying to clients
- Law firms in Minneapolis are helping lawyers, staff navigate unrest
- Federal judge faces trial on charges of being ‘super drunk’ while driving
