Am I the only one who gets depressed when the beer giants get bigger?
Financial terms of the deal were not disclosed, but the purchase includes Colfax, California-based Fox Barrel Cider Company—which Crispin acquired in 2010. Fox Barrel produces various pear ciders and operates a cidery in Colfax, where Crispin’s products are contract brewed.
So it goes, I guess. Also notable — some pretty stunning growth.
Crispin launched in 2008 and has rapidly expanded its footprint in the hard cider category ever since. The company’s sales grew 200 percent in 2011, outpacing the cider market as a whole, which grew 26 percent during the same period, according to Chicago-based MillerCoors. Crispin is now the third-largest hard cider producer in the United States.