Founders Brewing Co. has been absorbed into a group that includes the Spanish brewer that purchased a majority stake in the Grand Rapids-based company in 2019.
Founders and Colorado-based Avery Brewing Co. merged with Mahou Imports into Mahou USA, effective today, according to a news release.
Mahou Imports in 2019 purchased a 90 percent stake in Founders, which in 2014 sold a 30 percent stake to Mahou to help bolster Founders’ expansion.
Read the full story from Crain’s Detroit Business.
