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Two of the largest Central Massachusetts craft breweries have been acquired this year. In January, FinestKind Brewing in New Hampshire acquired Central Massachusetts’ oldest craft brewery and fourth largest overall, Wachusett Brewing in Westminster. Then, Worcester staple Wormtown Brewery, the third largest Central Mass. brewery, was acquired by Jack’s Abby Brewing of Framingham, in a sale announced on Friday. Rising costs, competition, and shifting consumer preferences are putting pressures on craft breweries, which tend to be small businesses and operated by local ownership teams.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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Two of the largest Central Massachusetts craft breweries have been acquired this year. In January, FinestKind Brewing in New Hampshire acquired Central Massachusetts’ oldest craft brewery and fourth largest overall, Wachusett Brewing in Westminster. Then, Worcester staple Wormtown Brewery, the third largest Central Mass. brewery, was acquired by Jack’s Abby Brewing of Framingham, in a sale announced on Friday. Rising costs, competition, and shifting consumer preferences are putting pressures on craft breweries, which tend to be small businesses and operated by local ownership teams.