With the recent Sapporo buy-out of Sleeman, there’s been lots of hand-wringing about Canada’s three largest breweries being owned by foreigners. So it was nice to see the news today that some of my countrymen are doing some deals in the other direction:
Montreal’s ICBS Ltd. said Wednesday it is buying New York`s Lake Placid Craft Brewing Co.
The 10-year-old Lake Placid Craft Brewing Co. has created a market demand for their Craft beers, such as UBU and Frostbite ales, ICBS said in a statement.
The story also notes the ICBS also owns Ramapo Valley Brewery of Hillburn, NY, and Alan posts at A Good Beer Blog to let us know that they recently bought Maska Laboratories, a Quebec-based lab that does work for the beer, wine & food industries. Could be some interesting things afoot…
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