UPDATE: Wilding Brands, the rapidly growing beverage conglomerate, has just announced its acquisition of Boulder’s Upslope Brewing Co., marking a significant expansion in Colorado’s craft brewing landscape. The terms of the deal, revealed earlier today, remain undisclosed, but the acquisition is set to have immediate implications for both companies.
As part of this strategic move, Upslope’s production will shift to Wilding’s state-of-the-art “Canworks” facility located in Denver. This transition aims to streamline operations while maintaining the high-quality standards that Upslope is known for. “Since day one, our goal with Wilding has been to create an incredible family of Colorado craft beverage companies that retain their individuality,” stated Wilding CEO Eric Foster in a prepared statement. “Upslope is a perfect fit.”
Despite the acquisition, Upslope’s popular taprooms in Boulder and Silverthorne will remain open and continue to operate under the management of the previous owner, ensuring a seamless experience for loyal customers. Wilding emphasized that “the taprooms are not part of the acquisition,” highlighting their commitment to preserving local heritage.
Wilding Brands was formed just last year through a merger that included Stem Ciders, Denver Beer Co., and Funkwerks. Led by industry veterans Foster, Brad Lincoln, and Charlie Berger, who has a rich history in Colorado brewing, the company has been on a rapid acquisition spree. Notably, Wilding purchased Great Divide Brewing Co. in April and followed up with the acquisition of Station 26 Brewing Co. two months later.
With the addition of Upslope, Wilding Brands is poised to brew an impressive 80,000 barrels across its portfolio, positioning the company as Colorado’s second-largest independent craft producer. The 2024 Brewers Association list indicates that Fort Collins-based Odell Brewing Co. leads the pack, having produced over 98,000 barrels last year.
This acquisition is not just a business move; it symbolizes a commitment to preserving the craft brewing culture that Colorado is celebrated for. The consolidation of operations under Wilding aims to enhance the quality and availability of craft beverages, making a significant impact on local consumers and the brewing community at large.
As this story develops, industry analysts and craft beer enthusiasts will be watching closely to see how Wilding Brands leverages this acquisition to enhance its market presence and what new offerings might arise from this combination of innovative brewing practices.
Stay tuned for further updates on this exciting development in Colorado’s craft beverage scene.
