Anchor Brewing shutting down after 127 years

https://lemmy.world/post/1387179

Anchor Brewing shutting down after 127 years - LemmyWorld

There’s a lot of interesting extra context, mostly as hearsay on Reddit SF (if you want to find it) and HN.

Basically it seems like:

  • Sapporo closed Anchor as a cost cutting measure, as Anchor has been losing money YoY for a while now (which I believe is known at time of acquisition)
  • Sapporo wanted to use Anchor to brew Sapporo in the US, but found out their brewery was too small/old to brew Sapporo
  • Sapporo instead bought Stone Brewing, which now brews Sapporo and Stone

Feels bad, Anchor was definitely one of my go-to basic beer from the grocery. Guess I’m getting more Fort Point now?

SF's Anchor Brewing Company shutting down after 127 years | Hacker News

I can’t understand how they didn’t know the nature of the facility. You could see what a small a craft shop it was just by going on the tour.

My bad, turns out the breweries being too small was a figment of my imagination. I reread the original Reddit comment, and it only mentioned the facilities were outdated.

It looks like Sapporo was targeting 360,000 barrels by end of 2024, whereas Anchor Brewing’s expansion into Pier 48 would’ve brought the volume to 680,000 barrels. Anchor brewed 135,000 barrels in 2016, which meant Anchor would’ve easily accommodated Sapporo’s volume.

I’ll edit the original comment.

Sapporo Closes on Acquisition of Stone Brewing

Sapporo’s $165 million acquisition of Stone Brewing officially closed Wednesday, August 31, giving the Japanese beer maker one of the top 10 craft breweries by volume in the U.S. in 2021 and the 18th largest brewing operation overall.

Brewbound