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quote:
Originally posted by snipes:
quote:
Originally posted by Bigfoot003:
Hinterland Saison


Sounds very northern.


Indeed - WI-based. Tonight, stepped it up:

Saison Dupont. One of my favorites and needed after a comedy of errors in the moving process...

Edit: 1 wasn't enough. #2 - Epic Brewing Brainless Belgian-style Golden Ale. Very solid Belgium from ??? Salt Lake City??? Confused
Last edited by bigfoot003
quote:
Originally posted by vinole:
Ballast Point is being bought by Constellation Brands (owns Corona and Modelo) for $1B. BP filed to begin an IPO a month ago, but Constellation came in and made the purchase.


Thats a staggering number. Are they pumping out that much beer or is Constellation paying a huge premium to try and keep up with Inbev?
quote:
Originally posted by jburman82:
quote:
Originally posted by vinole:
Ballast Point is being bought by Constellation Brands (owns Corona and Modelo) for $1B. BP filed to begin an IPO a month ago, but Constellation came in and made the purchase.


Thats a staggering number. Are they pumping out that much beer or is Constellation paying a huge premium to try and keep up with Inbev?


Yes, it is more than 8x current annual revenue of 115 million. You have to have fast growth and big margins for it to make any sense. Constellation is also in the wine and spirits space as they own Mondavi and Svedka.
Last night: Bells Best Brown Ale - very nice.

Last Friday at a beer dinner at the club:
Allagash White - always a favorite. Paired with Pork Belly with corn custard;

Pipeworks Lizard King - pretty nice as far as hoppy beers go. Paired with Chicken and White Bean Soup;

Great Lakes Eliot Ness - another perennial favorite. Paired with Onion, Beer and Goat Cheese Tart Salad;

Murphy's Irish Stout - actually preferred this to the Guiness. Paired with Lamb Shanks in Guiness, Buttered Green Beans and Beer Glazed Sweet Potatoes;

Ballast Point Victory at Sea Coffee Vanilla Imperial Porter - excellent. Paired with Beerimisu.
Regarding the Constellation purchase of Ballast Point Brewery for $1 billion, yes starts with a b, everyone in the beer business is wondering when it will end. Laginitas just entered a 50% JV with Heineken for $400 million, mainly in order to gain access to markets in Mexico and Europe. Many of the founders of craft breweries are selling out. The valuations are indeed betting on the come with aggressive earnings projections.

The problem is that the established craft brands, ones like Sam Adams and New Belgium, are starting to experience declines in same market sales. For the first time in recent memory, craft sales declined as a part of market share. Sales and profit projections are unrealistic. We may be in a bubble for small brewery valuations.
quote:
Originally posted by scbeerman:
Regarding the Constellation purchase of Ballast Point Brewery for $1 billion, yes starts with a b, everyone in the beer business is wondering when it will end. Laginitas just entered a 50% JV with Heineken for $400 million, mainly in order to gain access to markets in Mexico and Europe. Many of the founders of craft breweries are selling out. The valuations are indeed betting on the come with aggressive earnings projections.

The problem is that the established craft brands, ones like Sam Adams and New Belgium, are starting to experience declines in same market sales. For the first time in recent memory, craft sales declined as a part of market share. Sales and profit projections are unrealistic. We may be in a bubble for small brewery valuations.
scbeerman, I maybe heading over to S.C. and N.C. sometime in the next few weeks. Would you care to contact me at wincelbeggsatnetscape.net? You maybe able to help direct me to some nice breweries that I'm unaware of.
Karl Strauss Peanut Butter Cup Porter. Fantastic beer. I am glad they did not create a 12% alcohol imperial stout for this peanut butter cup beer. It is a low under 6% abv porter and way better than Belching Beaver's Peanut Butter Stout. No disrespect to Belching Beaver though. I like them also. You definitely need to try this seasonal beer from Karl Strauss.
quote:
Originally posted by Jabe11:
quote:
Originally posted by mpls wine guy:
Scorched Earth Base Jumper.

I don't know what this is or what it tastes like but that name a epic.


Interesting. This brewery is a few miles from my house, but this is first time I've seen someone from outside the local area mention it. The Base Jumper is an IPA, so it's not my cup of tea, but almost all of their beers have been excellent in my opinion.
Earlier this week:
Lawson's Sip of Sunshine
Lawson's Super Session #2

Both good, but not crazy good or anything. I thought the SoS had a bit too much of a green taste for my liking, but did like a lot of the juiciness that was with it.

Today at lunch:
Goose Island Bourbon County Brand Stout Proprietor's 2015 - very good. I'd heard it was overly sweet, and it was definitely sweet, but I liked the balance between that and the heat. Still hoping to score a bottle (or two) of this.
quote:
Originally posted by Wine Sparty:
quote:
Originally posted by WinoCA:
Firestone Parabajava

I'd love to get a taste of some of that. Too bad they didn't produce enough for distribution. I wasn't the biggest fan of Parabola, but think the coffee presence would make me like it more.


I had it after 2 glasses of wine and wish I didn't, and also wish I bought more than 2 bottles after tasting one of them. I first tasted it a few years ago at a release event from a single barrel and it was a bitter coffee bomb (no bourbon flavor or Parabola resemblance, only overly strong tannic coffee). I can say it's blended and smoothed out very well. Amazing beer. People are trading them on the beer websites and in Facebook groups.

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