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Molson Coors acquires Detroit’s Atwater Brewery

Atwater Brewery Acquistion

Tenth & Blake Beer Company, a division of Molson Coors (previously Miller Coors) has acquired Detroit-based Atwater Brewery.

Atwater Block Brewery was founded in 1997 in Detroit’s Rivertown District. in 2005, Mark Rieth purchased the brewery outright.

Since the brewery’s inception, Atwater now operates three taphouse locations in Detroit, Grosse Pointe Park, and Grand Rapids.

Today, the brewery announced they have signed an agreement with Tenth & Blake to join their growing portfolio which includes Saint Archer, Terrapin Beer Company, Hop Valley Brewing, Revolver Brewing, and AC Golden.

“The agreement with Tenth and Blake is both the culmination of our past and the catapult to our future. 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.’” – Mark Rieth, Atwater Brewery owner

Tenth & Blake’s last acquisition was in 2016 with Revolver.

Atwater produced just over 20,000 barrels of beer (620,000 gallons) in 2019. Recently, the brewery increased its production of hard seltzers. Atwater currently distributes to 12 states.

The post Molson Coors acquires Detroit’s Atwater Brewery appeared first on Beer Street Journal.