Goose Island is an American brewing company founded in 1988 by John Hall. It is located in Chicago, Illinois and produces a variety of craft beers. In 2011, the company was purchased by Anheuser-Busch InBev (AB InBev), the world’s largest beer producer.
AB InBev owns 100% of Goose Island and now runs all operations related to the brewery, such as marketing, sales and distribution. The original Goose Island brewpub remains open as part of their portfolio but it no longer operates independently. However, Goose Island continues to produce small batch brews at its Fulton Street Brewery that are unique from those produced under AB InBev’s control.
Overall, while Goose Island may be owned by a large multinational corporation now, they still strive to remain true to their original mission of producing quality craft beers for their customers around the world.
Goose Island, the iconic Chicago brewery, is owned by Anheuser-Busch InBev. The Belgian-based beer giant acquired Goose Island in 2011 for $38.8 million dollars and has since been a major force in helping to expand their craft beer portfolio and grow Goose Island’s global presence. Over the past few years, Anheuser Busch has helped push Goose Island into more than 30 countries around the world while still keeping the original recipes that made them so popular with fans of craft beer.
Chicago’s Forgotten Island
John Hall Goose Island
John Hall Goose Island is a park located in the city of Chicago, Illinois. The park covers over 25 acres and is situated on an island in the middle of the Chicago River. It was established as a public space in 1867 and named for John Hall, who played an important role in creating green spaces throughout Chicago.
Today it features walking trails, picnic areas, fishing spots, a boat launch area and two nature reserves that are managed by the Forest Preserves of Cook County. Visitors can also enjoy views of downtown skyline from the island’s shoreline.
Who Bought Goose Island?
In 2011, the beer industry was forever changed when Anheuser-Busch InBev (AB InBev) purchased Chicago’s Goose Island Beer Company for $38.8 million. The deal marked the first time a major brewery had acquired an American craft brewery since MillerCoors bought Colorado’s Blue Moon in 2008 and proved that AB InBev was serious about expanding its presence in the US craft beer market. Though some craft beer consumers were initially skeptical of AB InBev’s intentions, they eventually came to accept it as a sign of respect for Goose Island and its innovative brewing methods, which resulted in award-winning beers such as 312 Urban Wheat Ale and Bourbon County Brand Stout.
Nowadays, Goose Island continues to produce high quality brews with access to even more resources than before; proof that Anheuser-Busch’s acquisition of the company has been beneficial for both parties involved.
How Much Did Budweiser Pay for Goose Island?
In 2011, Budweiser, a major international brewing company owned by Anheuser-Busch InBev (AB InBev), acquired Goose Island Beer Co. for an estimated $38.8 million dollars. At the time of the acquisition, Goose Island was one of the top craft breweries in America and had achieved significant growth since its founding in 1988 as a small brewpub in Chicago’s Lincoln Park neighborhood. The sale also included all of Goose Island’s assets: brands such as Honker’s Ale and IPA, barrel aged beers like Bourbon County Stout and Sofie Saison; production facilities including their flagship brewery on Fulton Street; distribution agreements with retailers across the US; plus collaborations with other brewers from around the world.
While exact details are not known regarding how much Budweiser paid for Goose Island, it is clear that AB InBev recognized the potential future value of this beloved craft beer brand – a move which has helped to solidify their presence within the booming craft beer market over recent years.
How Much Did Goose Island Sell For?
In 2011, Goose Island was sold to Anheuser-Busch InBev for an estimated $39.6 million. The deal allowed the brewery to expand from its home in Chicago, Illinois and become one of the most widely available craft beers in the United States. As part of the deal, Anheuser-Busch agreed to keep Goose Island independent and allow it to continue making small batch artisanal beers as well as larger scale production ales and lagers that would be distributed nationally throughout their existing distribution network.
This move has been seen as a major coup for both companies, allowing AB InBev access into a previously untapped market while providing Goose Island with unparalleled access to resources such as capital investments needed to grow its brand even more quickly than smaller breweries could hope on their own.
Who Created Goose Island?
Goose Island Beer Company was founded in 1988 by John Hall, who followed his dream of creating a brewery and making great beer. He started with the purchase of an old warehouse on Clybourn Avenue, which is now considered to be the birthplace of American craft brewing. Hall wanted to recreate traditional European styles while also pushing boundaries and experimenting with new flavors.
His passion for quality beer led him to create a variety of award-winning flagship beers like Honker’s Ale, 312 Urban Wheat Ale, IPA and others that have become household names amongst craft beer connoisseurs across America. Over the years Goose Island has grown from its humble beginnings into one of the largest breweries in America today. Although much has changed since it opened its doors nearly 30 years ago, one thing remains true: Goose Island continues to brew high quality ales and lagers dedicated to crafting unique flavor profiles that bring people together over a shared love for good beer!
Conclusion
Overall, Goose Island has had a remarkable journey to success. After being run as an independent brewery for more than 20 years, the company was eventually sold to Anheuser-Busch InBev in 2011, providing them with access to wider markets and greater resources. Although some may have reservations about the sale due to AB InBev’s size and influence within the beer industry, it is clear that Goose Island has continued its commitment to producing quality craft beers over the years – something which will no doubt continue into the future.