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Pabst Brewing Completes $700M Deal

Pabst Brewing Company, North America’s largest privately held brewing company, has completed its sale to the newly formed Blue Ribbon

17/11/2014

Pabst Brewing Company, North America’s largest privately held brewing company, has completed its sale to the newly formed Blue Ribbon – a company formed by beer entrepreneur Eugene Kashper and the San Francisco-based TSG Consumer Partners LLC.

Pabst_Blue_Ribbon_logo.svgThe deal was confirmed by Kashper in September and backed by TSG Consumer Partners, an American private equity firm, who have together formed Blue Ribbon, the parent company of Pabst.

Financial terms of the contract have not been confirmed, but insiders at the New York Times placed the deal at being worth “more than $700 million in cash”. 

More info at Source | Drinks Business

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