RE:Tilray Anheuser Busch InBev sale breakdown
DaveInCalgary wrote: "Anheuser Busch bought Blue Point Brewery in 2014 for $24 million.
AB bought 10 Barrels Brewery in 2015 for $50 million.
AB bought Breckenridge Brewery in 2016 for $70 million !
Thats $144 million and I haven't even mentioned HiBall energy, Widmer Bros. , Redhook, Shock Top or Square Mile Cider!
Add at minimum another $100 million for those and you get the picture.
Simon made a GREAT $85 million deal with the hurting Anheuser Busch/InBev giant and gave Tilray more control of the craft beer industry while adding many more avenues of distribution. It takes a giant to become one."
credit webworld research
NOTE: Plus increased value of real estate, inventory...
I've seen large purchases of businesses that the final sale amounted only to property values. I believe this fall along those same lines.
Amazing Dave! Thanks for this!
I remember when it was such a big deal to have InBev as an investor in TLRY/Aphria.
Now TLRY owns 8 of their breweries for pennies on the dollar, who would have thought. Brilliantly done by IS.
The big whales will be begging to be part of TLRY.
The fortress has and still is being built from the ground up, brick by brick.
Cheers,
V