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Willits Town Center developer sells last holdings for $18 7M to Kroenke-backed company
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The owner of Aspen Brewing Co. is now wading into Willits Town Center in Basalt, where it plans to finalize its purchase of Capitol Creek Brewing Co. later this month.
High Country Brewing LLC is the name of the newly formed ownership group that’s an offshoot of Legacy Breweries, which in the fall acquired Aspen Brewing Co. after having reached a purchase agreement nearly one year earlier in October 2019.
Both acquisitions, for undisclosed amounts, include the breweries’ commercial leases, inventory, brand and label, equipment and other assets.
High Country Brewing CEO Don Bryant, who lives in Evergreen and was visiting the Capitol Creek Brewing site on Tuesday, said the breweries in Aspen and Willits will continue to produce beer under the same labels. Aspen makes about 6,000 barrels a year and Castle Creek roughly 500 to 600, Bryant said.
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