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Canarchy acquires Deep Ellum Brewing

By Christopher Wood

LONGMONT — Canarchy Craft Brewery Collective, the Longmont-based owner of Oskar Blues Brewery, has made its latest acquisition. The group has acquired Dallas-based Deep Ellum Brewing Co. for an undisclosed sum. The sale is expected to provide Deep Ellum with resources for increased production and distribution. Founded in 2011 by John Reardon, Deep Ellum Brewing quickly grew to become the third-largest independent craft brewery in Texas, led by its flagship brews, Dallas Blonde and Deep Ellum IPA. In 2017, Deep Ellum grew 37 percent to produce more than 45,000 barrels in Texas only, with the vast majority being consumed within 20 miles of the brewery. “It’s been a hell of a ride for all of us at Deep Ellum and I believe this is just the beginning,” Deep Ellum founded John Reardon said in a prepared statement. ”We’ve been looking for the right partner to grow the Deep Ellum brand and I believe we’ve found that with CANarchy. They’re a group of like-minded people that have not conformed to the status-quo and have hit critical mass on the path of coming together and remaining independent. We’re all in.” Canarchy touts itself as providing “a platform from which rapidly growing craft breweries seeking high level resources can expand and compete in the increasingly competitive craft beer segment, while maintaining independence.” “CANarchy’s culture thrives on collaboration among craft breweries blazing their own path and doing things their own way. John and the Deep Ellum crew light the fire of craft beer in DFW and will bring that same fire to our collective,” said Dale Katechis, founder of Oskar Blues. Deep Ellum is undergoing a major expansion, including a 60-barrel brewhouse at the company’s primary facility that is expected to come online within the next few months. The brewery is operating at maximum capacity and is projecting 55,000 barrels of production in 2018. Deep Ellum is also constructing a taproom in Fort Worth, Texas, that will incorporate a five-barrel brewhouse and retail space that is scheduled to open in late fall 2018. Canarchy’s portfolio includes Oskar Blues Brewery, Perrin Brewing Co., Cigar City Brewing, Squatters Craft Beer, Wasatch Brewery and Deep Ellum Brewing Co.

The post Canarchy acquires Deep Ellum Brewing appeared first on BizWest.

Source:: BizWest

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