Camden Town Brewery is now part of AB InBev!
BE Camden Town Brewery

Everyone spends a bit more during the holiday season, right?!

It seems that the largest beer company in the world is also in the same vibe!

Just few days after the purchase of the Arizona’s Four Peaks Brewing, AB InBev announced a new acquisition. This time the deal is in Europe: the target is London’s Camden Town Brewery.

“Opportunities like this come rarely,” said Jasper Cuppaidge, brewery’s founder. “We believe we must have the ambition to grab this opportunity and turn Camden Town Brewery, and the quality it stands for, from being an outstanding London brewer to being a world famous one.”

The Guardian estimates the deal’s value around £85 million (about $125 million). The brewery sold about 57.000 US barrels in 2015. But the official details of this transaction were not disclosed.

The deal is expected to close by the end of January, 2016.

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