Lagunitas sold to Heineken

Friday, May 05, 2017 10:33AM
Petaluma-based Lagunitas Brewing Company is about to go global. Heineken International announced that it is buying out the remaining stake of Lagunitas Thursday, in a deal to help propel the craft beer sector globally.

PETALUMA, Calif. - Lagunitas Brewing Company is about to go global.

The craft beer-maker was sold to Heineken International, the world's second-largest beer company. Lagunitas had already sold a 50-percent stake to Heineken in 2015.

The company has headquarters in Chicago's Douglas Park neighborhood and Petaluma, Calif.

Tony Magee, who founded Lagunitas, explained Thursday in a Tumblr post that the deal is about expanding the brand across the world.

Lagunitas Director of Communications Karen Hamilton said Friday the taproom in Chicago will remain open.
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