Breaking News: Balter announces sale to CUB

Balter Brewing Co has been acquired by Carlton and United Breweries as Australia’s big brewers engage in another wave of craft acquisitions. The sale, announced today for an undisclosed sum, sees the Currumbin-based brewery join 4 Pines and Pirate Life in the existing CUB stable. If the Asahi acquisition of CUB is allowed to go ahead, they also join Green Beacon which was acquired by Asahi back in August. Balter was launched in 2016 and its beers have since been the recipient of a host of awards under the stewardship of head brewer Scott Hargrave, a former brewer at Byron Bay and Stone & Wood. Balter brewed 4 million litres of beer in 2018. Founders include Bede Durbidge, Josh Kerr, Sean Ronan, Joel Parkinson, Mick Fanning, brand director Stirling Howland and CEO Ant Macdonald, along with Hargrave. All will be remaining with the business following sale completion.  Read more.