LA’s largest craft brewer Golden Road tapped in latest beer deal – Los Angeles Times

Topping off several weeks of deals for California beer makers, Anheuser-Busch InBev said Wednesday that it would acquire Golden Road Brewing, Los Angeles’ largest craft brewer.

Anheuser-Busch said the deal would help introduce Golden Road to more customers outside of its distribution network in California, Nevada and Arizona. In exchange, analysts say the beer behemoth can tap even further into the exploding craft brewing scene. Financial terms of the deal were not disclosed.

This is the first major acquisition of an L.A.-area craft brewery, and it’s another indication that the beer industry is booming in the Southland.

The number of craft breweries and brew pubs in the county has swelled in recent years, from just a handful in 2010 to well over 30 today, with half a dozen more expected to open in the next six months. Most of these operations are small producers, and even the largest and most well-established brands like Eagle Rock Brewery, El Segundo Brewing Co. and Smog City Brewing make just a fraction of the beer that Golden Road Brewing does.

Founded in 2011, Golden Road is on track to make more than 1.2 million gallons of beer this year and open a second brewery and pub in Anaheim next year.