Modern Times Beer, a renowned San Diego based brewery, has recently undergone a significant change in ownership. As of late October, the brewery is now owned by Maui Brewing Company, following their acquisition of Modern Times Drinks, Inc. This acquisition marked a turning point in the company’s history and has generated quite a buzz within the craft beer community.
For those unfamiliar with Modern Times Beer, it is known for its innovative and unique approach to brewing. The brewery has gained a loyal following over the years, thanks to its commitment to producing exceptional craft beer with a focus on quality, creativity, and sustainability. With its vibrant aesthetic and a wide range of delicious brews, Modern Times Beer has positioned itself as a prominent player in the craft beer industry.
The acquisition by Maui Brewing Company signifies a new chapter for Modern Times Beer. Maui Brewing Company, a well-established brewery hailing from Hawaii, saw great potential in Modern Times and recognized the value of integrating their operations. The $15.3 million deal allowed Maui Brewing Company to take ownership of Modern Times Drinks, Inc. and pave the way for future growth and collaboration.
What does this mean for Modern Times Beer? Well, under the new ownership, the brewery will continue to operate under the Modern Times brand, maintaining its distinct identity and commitment to excellence. However, the acquisition opens up new opportunities for the brewery to expand its distribution network and reach a wider audience.
With Maui Brewing Company’s extensive experience and resources, Modern Times Beer will benefit from increased production capabilities and a solid infrastructure. This partnership will enable the brewery to scale up its operations and meet the growing demand for its sought-after beers.
It’s worth mentioning that the acquisition by Maui Brewing Company does not signify a loss of independence for Modern Times Beer. On the contrary, the new ownership aims to preserve the brewery’s autonomy and creative freedom, fostering an environment where their talented team can continue to craft their remarkable brews.
As for the existing team at Modern Times Beer, they will remain an integral part of the brewery’s operations. The acquisition is seen as a collaborative effort, where both companies can learn from each other’s expertise and work towards a shared vision of success.
Looking beyond the immediate impact, the acquisition presents exciting prospects for the future. Modern Times Beer will have the backing and support of Maui Brewing Company, allowing them to explore new market opportunities, innovate in their brewing techniques, and strengthen their position in the competitive craft beer landscape.
Ultimately, the acquisition of Modern Times Beer by Maui Brewing Company is a testament to the quality and potential of the brewery. It signifies a strategic move that aligns both companies’ goals and values while preserving the unique essence that has made Modern Times Beer so beloved among craft beer enthusiasts.
In conclusion, if you were wondering who currently owns Modern Times Beer, the answer is Maui Brewing Company. This exciting development bodes well for the future of Modern Times Beer, as they embark on a new journey with the support and resources of their new owner. Craft beer lovers can look forward to continued excellence and innovation from this dynamic partnership.
