United States Beverage and Crestone have formed a joint venture to acquire 100% of Uinta Brewing, a well-regarded craft brewery in Salt Lake City, enhancing their presence in the growing U.S. craft beer market.

Target Information

Uinta Brewing, a well-established craft brewery based in Salt Lake City, Utah, has become a notable player in the craft beer industry since its inception nearly three decades ago. The brewery specializes in producing a diverse range of award-winning beers, focusing on quality ingredients and unique flavor profiles that appeal to a wide audience. Uinta Brewing has demonstrated its commitment to sustainability and community involvement, further enhancing its reputation as a responsible and innovative brewery.

Industry Overview in the United States

The craft beer industry in the United States has experienced significant growth over the past decade, with an increasing number of consumers seeking high-quality and unique brews over mass-produced alternatives. In recent years, the market has seen a shift toward artisanal and locally sourced products, reflecting a broader trend in consumer preferences towards quality and authenticity.

Utah, in particular, has become a burgeoning market for craft beer, with several breweries emerging alongside Uinta Brewing. The state has witnessed a favorable regulatory environment for the craft beer sector, which has contrib