Great Basin Brewing Company is teaming up with Mammoth Brewing Company to expand their label.
Mammoth Brewing Company has signed an asset purchase agreement with an intent to acquire Great Basin Brewing Company, with the goal to close this summer.
Once the deal is finalized, MBC and GBBC will have the opportunity to immediately increase sales from approximately 15,000 barrels of beer a year to 40,000 barrels collectively.
The MBC brand will not replace the GBBC brand or any of its facilities, but the acquisition will instead act as a catalyst for both brands to continue independent growth in their own unique sectors.
This deal will allow the new combined company to better promote the MBC and GBBC brands independently, and become a regional player in the highly competitive marketplace that is craft beer.
“MBC has always been so limited by our production ability due to the size of our brew pub equipment,” said Sean Turner, co-owner and President, MBC. “This deal will allow us to grow and fulfill the demand for our craft beers.”
“We are two true craft breweries looking to merge our brands together because of our passion and love for the industry, and our constant effort to make great beer that represents our region,” said Tom Young, Brewmaster, GBBC.
(The Abbi Agency contributed to this report.)
