US Beverage (USB) recently announced that it has formed a joint venture to acquire Utah's largest independent craft brewer, Uinta Brewing.
Poised to begin its 25th year of operations, US Beverage focuses on building its portfolio of recognized craft, import, cider and FMB brands thru its national network of distributors. Based in Salt Lake City, Uinta is a 29-year veteran of the craft brewing industry, producing a wide assortment of award-winning beers, including Cutthroat Pale Ale, Detour Double IPA and Lime Pilsner.
"Uinta is a strong brand with a state-of-the-art brewery. The team and culture that has been developed over the years is second to none in the industry," said Justin Fisch, President of US Beverage. "The acquisition of Uinta creates tremendous opportunities and synergies, and we share a robust strategic vision for the future."
While details of the transaction are not being released, both US Beverage and Uinta have confirmed that Uinta leadership, operations and staff will remain in place.
"In joining US Beverage, we align two exceptionally strong, complementary beverage teams at the perfect time," said Jeremy Ragonese, President of Uinta. "I am thrilled to have the opportunity to collaborate with US Beverage to expand opportunities for our brewery, advance our current initiatives, and invest in our future."