San Diego’s largest craft brewer acquired by Belgian beer giant as industry future uncertain

Source: New York Post

Stone Brewing is on tap for yet another corporate shakeup — and this round comes with a chaser. The California craft beer company is being sold for the second time in just four years and production in San Diego of the tasty hops which will eventually come to an end. Belgian brewing heavyweight Duvel Moortgat USA and Firestone Walker Brewing Company have struck a deal to snag Stone from Sapporo Holdings, which only picked up the brand in 2022 for an estimated $168 million.