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Amid loss of Iron City contract, City Brewing eyes ownership, management changes, adds jobs in Latrobe triblive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from triblive.com Daily Mail and Mail on Sunday newspapers.
STEVE CAHALAN For the La Crosse Tribune A consortium of investors is expected to acquire La Crosse-based City Brewing Co., which will acquire the closed former Miller Coors brewery in Irwindale, Calif., from Pabst Brewing Co., City Brewing announced Tuesday. City Brewing has about 700 employees in La Crosse and will continue to be headquartered here, a company spokesman told the Tribune later, adding that no changes are expected in La Crosse operations. City Brewing will continue to operate its breweries in La Crosse; Latrobe, Pa., and Memphis, Tenn., he said. The transaction is expected to close in April, City Brewing said in a press release. When that happens, City Brewing Chairman and CEO George Parke III will retire. And Ross Sannes, City Brewingâs chief operating officer, who has been with the company since 2012, will become chief executive officer. ....
Investor group to acquire City Brewing Deal with Pabst for the La Crosse City Brewery lasts until 2040. LA CROSSE, Wis. (WXOW) - La Crosse s City Brewing announced Tuesday that a consortium of investors is purchasing the company. In a release, it said that the investors including Charlesbank Capital Partners (“Charlesbank”), Oaktree Capital Management, LLC (“Oaktree”), Blue Ribbon Partners, LLC (“Blue Ribbon”), and City management will own 100% of City Brewing. The deal is expected to close in April. City Brewing operates three facilities in the country including its headquarters in La Crosse, Memphis, and Latrobe, Pennsylvania. They employ approximately 1,800 people at the facilities. ....
La Crosse's City Brewery to be acquired by group of investors news8000.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news8000.com Daily Mail and Mail on Sunday newspapers.