The craft beer world is getting a little smaller. Duvel Moortgat and Firestone Walker have signed an agreement to combine their U.S. operations. The deal will see Duvel making an investment in Firestone Walker, but both companies plan to continue operating independently.
Terms of the partnership, which the breweries stopped short of calling a merger or acquisition, were not disclosed, as both companies are privately held. The transaction is expected to close later this year...[click headline for more]