Sapporo U.S.A. to acquire Stone Brewing as it moves to speed up global expansion

Stone Brewing Co.'s Escondido Brewery in California | SAPPORO BREWERIES

Sapporo U.S.A., a subsidiary of the major Japanese beer-maker, on Friday announced a $168 million acquisition of Stone Brewing, an iconic U.S. craft brewery. The acquisition, slated to close in August, will create “strength and growth potential for both brands,” the companies said in a statement. Sapporo’s move is part of the company’s efforts to

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