Over the years, we've seen biug companies buy Michigan brewers, including Stroh's and Founders.
On Wednesday, Tenth and Blake Beer Company, the U.S. craft division of Molson Coors Beverage Co., announced it's acquiring Detroit-based Atwater Brewery, known for traditional German-style lagers and unique ales including Dirty Blonde and Vanilla Java Porter. The selling price and terms are hush-hush.
Atwater is Detroit's biggest brewer.
"The agreement with Tenth and Blake is both the culmination of our past and the catapult to our future," said Atwater Brewery owner Mark Rieth said in a media release. "For Atwater to continue to grow, it will require both capital and brewing expertise. Tenth and Blake brings both, which makes them the ideal strategic partner to help us continue to live our mantra: 'Born in Detroit. Raised Everywhere.'"
Founded in 1997, Atwater Block Brewery opened in the historic Rivertown district.
After investing in 2002, Rieth bought the brewery three years later.
It produces hard seltzers and craft spirits and runs taphouse and biergarden locations in Detroit, Grosse Pointe Park and Grand Rapids.
“Atwater has been a staple and a leader in the Michigan craft community for more than two decades, and we’re thrilled to have them join Tenth and Blake,” Paul Verdu, vice president of Tenth and Blake, said in a statement. “Our priority is to make sure their beer is enjoyed by consumers throughout their core markets and eventually across the Great Lakes region.”