
Madrid brewery sells 51% to Dutch multinational
Heineken's Spanish operation has announced the acquisition of a majority stake in Madrid's La Cibeles craft brewery. This marks the latest in a long history of Heineken buying roughly half of formerly independent brewing companies, going back to Paulaner in 2002 (since reduced to 30%), Lagunitas in 2015 (since increased to 100%), Brixton in 2017 and Beavertown earlier this year.
In the case of La Cibeles, founder David Castro will remain in c...
Read More