Good River Beer files for bankruptcy but contract brewer will keep brand afloat
BusinessDen file)
Good River Beer Co. has filed for Chapter 7 bankruptcy protection, but the beer will keep on flowing.
Denver-based Sleeping Giant Brewing, which has already been contract brewing Good River’s products, is one of the company’s largest creditors and will be taking over the Good River brand.
“Good River beers will remain on the shelf,” Sleeping Giant founder Matthew Osterman said. “The company’s filing is simply part of a restructuring within the brand.”
Osterman said Sleeping Giant will continue production of Good River’s brews “indefinitely and uninterrupted.”
This story first ran on BusinessDen.com, a BizWest news partner.
DENVER Good River Beer Co. has filed for Chapter 7 bankruptcy protection, but the beer will keep on flowing.
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Denver-based Sleeping Giant Brewing, which has already been contract brewing Good River’s products, is one of the company’s largest creditors and will be taking over the Good River brand.