Anheuser-Busch acquires fast-growing Texas craft brewery

Texas craft breweryOne of Texas’ growing craft breweries, the Karbach Brewing Co., has recently been acquired by Anheuser-Busch InBev, the same people behind Budweiser. Full details were not released in the public, but it is said that the two parties have been under negotiations for a year. Karbach has been experiencing immense growth since it was established in 2011 and offered its beer throughout Austin through bars, retail outlets and in its brew house restaurant. Now that it is under AN-InBev, they will be included in the company’s craft beer division known as the High End. AB-InBev also aims to invest in Karbach to expand its production capacity by 2019.

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