Firestone Walker And Duvel Moortgat Say Cheers To A Merger
Adding another stellar brewery to what seems like an ever-expanding company, Duvel Moortgat has merged with Californian craft brewery Firestone Walker. Duvel already boasts popular breweries such as Boulevard Brewing, La Choffue, Maredsous and Ommegang.
The lion and the bear, aka David Walker and Adam Firestone, stated on their website that they needed help meeting the "growing demand" for their brew and solved this issue by partnering with Duvel. The pair cited Duvel's "values, culture and independence" as major reasons for the merger.
The merger is estimated to be worth $100 million, matching the rumored price tag of Duvel's 2013 purchase of Boulevard, according to Brewhound. With the addition of Firestone Walker, Duvel now owns "two of the best-performing, top-50 U.S. craft breweries around," Eater LA reports.
Firestone Walker also stated that it will continue producing "independently" in its Central Coast California location.
The 20-year-old brewery makes some great sour beers and stouts. One of our winter favorites is the §ucaba Barleywine.