Sapporo USA to acquire Stone Brewing.

Sapporo USA, a beer brand, agreed to acquire Stone Brewing, a craft beer brand. Financial terms were not disclosed. “We approached Stone Brewing seeking a partner for our growth plans in the U.S, and we quickly recognized they were an ideal partner with bi-coastal brewing capacity, loyal fans, superb management, shared cultural values, and commitment to the highest quality standards. This acquisition puts the resources and legacy of the largest Asian beer brand in America together with one of the most innovative and recognized craft beer brands in the world. It’s a perfect fusion of east meets west that is an ideal marriage for Sapporo’s long-term growth strategy in the US,” Kenny Sadai, Sapporo USA Chairman.