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Pabst Brewing to be sold to Russian company
The News Tribune ^ | September 19, 2014 | Associated Press

Posted on 09/21/2014 3:23:47 AM PDT by WhiskeyX

NEW YORK — The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum.

Oasis is buying Pabst with TSG, an investment firm known for its work with consumer products companies. TSG Consumer Partners will take a minority stake in Pabst.

In addition to its namesake beer, Pabst Brewing Co. makes Colt 45, Old Milwaukee and Schlitz, in addition to regional brews such as Lone Star, Rainier and Old Style. Pabst was acquired in 2010 by C. Dean Metropoulos & Co., which is known for investing in food brands, including Twinkie maker Hostess.

(Excerpt) Read more at thenewstribune.com ...


TOPICS: Business/Economy
KEYWORDS: pabst; russia; skunkwater
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To: Bringbackthedraft

And I thought it was just me.


21 posted on 09/21/2014 5:00:59 AM PDT by McGruff
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To: WhiskeyX

PBR used to be a good working man’s beer. Then the stinking, skinny jean wearing, dirty hipsters started drinking it. It’s fitting the commies bought it.


22 posted on 09/21/2014 5:06:47 AM PDT by EEGator
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To: Joe Boucher
If Russia doesn't sell to Europe, they'll sell to China--China is willing to put up a HUGE amount of money to build pipelines to send natural gas and (maybe) crude oil to China. And China wants that natural gas, especially in the need to wean everyone in the country off burning very polluting coal.
23 posted on 09/21/2014 5:19:17 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: WhiskeyX

That’s it! I’m not drinking any of these s*** beers anymore!


24 posted on 09/21/2014 6:08:07 AM PDT by Dr. Ursus
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To: WhiskeyX
Some Russians bought into the names of a bunch of defunct brewing empires and whatever facilities go with them? Unless they invent a time machine, the Russians can't screw up the great beers of the distant past or improve the crap that was being churned out before these once-popular beers went belly up. When one of the new owners says something about "egalitarian" beer, that is a pretty good sign that actual improvement in taste isn't forthcoming, but quantity over quality is the rule. Make it the Section 8 price-point favorite and it'll probably be a gold mine.

All the old iconic American beers disappeared or went to hell years ago because of (take your choice):

1. Prohibition
2. WWII impressment (Emperor Roosevelt II)
3. The third generation of the founder's family flew the brand into the ground after the second generation did a piss-poor job of parenting.

Yeah, I'm being flip, but take any combination of the above and you won't be far off.

Mr. niteowl77

25 posted on 09/21/2014 6:11:42 AM PDT by niteowl77 (The five stages of Progressive persuasion: lecture, nudge, shove, arrest, liquidate.)
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To: WhiskeyX

Its so weird, they write this like Pabst actually has breweries. Miller contract brews all their brands so what is the purchaser really getting? Recipes and names.


26 posted on 09/21/2014 6:12:03 AM PDT by sgtyork (Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy)
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To: WhiskeyX

Some of the worst beer I’ve ever had was Moskovskoye, which was ubiquitous in Moscow when I visited there when it was still Soviet and Leonid Brezhnev was the head honcho. It came in thick bottles, like Seven Up, and was always served warm.

In the better eateries, you could get a cold bottle of Stella beer from Egypt.


27 posted on 09/21/2014 6:36:59 AM PDT by Fiji Hill
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To: WhiskeyX

Stick to Yuengling (if live in east)

America;s oldest brewery, family owned for 7 generations by American’s ...........


28 posted on 09/21/2014 6:37:22 AM PDT by njslim
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To: Fiji Hill

I’ve had Russian brewed beer here in the states,
can’t say it was bad....it wasn’t anything,it was like water.
Makes PBR seem complex by comparison.


29 posted on 09/21/2014 6:47:07 AM PDT by markoman (The man with the rubber glove was....surprisingly gentle.)
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To: WhiskeyX
Another one bites the dust, and Yuengling's market share will continue to increase.


30 posted on 09/21/2014 7:04:15 AM PDT by FlJoePa
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To: WhiskeyX

The last time I had a Pabst was in the 50’s and someone paid for it.


31 posted on 09/21/2014 7:19:46 AM PDT by 353FMG
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To: WhiskeyX
How bad is Pabst?

Back in my college days thirsty alcohol craving college kids would avoid keg parties when Pabst was on tap.

32 posted on 09/21/2014 7:54:15 AM PDT by FreeReign
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To: WhiskeyX

When I was in high school PBR was the most popular beer because it was sweet and cheap. Wonder if it still the beer of choice with young kids.


33 posted on 09/21/2014 7:55:16 AM PDT by ops33 (Senior Master Sergeant, USAF (Retired))
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To: WhiskeyX

Does OdumBO know?


34 posted on 09/21/2014 8:11:06 AM PDT by depressed in 06 (America conceived in liberty, dies in slavery.)
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To: ops33

Used to serve more than 18 barrels of PBR per night in 16oz iced schooners...4 decades ago.


35 posted on 09/21/2014 8:14:20 AM PDT by WhiskeyX
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To: FreeReign

They’d have loved PBR if they had tried Stag, Carling Black Label, or Falstaff.

I haven’t seen anyone comment on Jax, LOL. Driving into New Orleans took you right past the Jax Brewery.


36 posted on 09/21/2014 8:17:41 AM PDT by WhiskeyX
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To: WhiskeyX
The Best Worst Brews
37 posted on 09/21/2014 8:31:19 AM PDT by Jeff Chandler (Conservatism is the political disposition of grown-ups.)
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To: WhiskeyX

PBR. Paper Bag Required


38 posted on 09/21/2014 10:30:36 AM PDT by dancusa (Molon Labe)
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To: WhiskeyX

Lots of PBR left at The Wall, especially the traveling versions. I recommend a sanction against the sale to the Ruskies.


39 posted on 09/21/2014 11:16:21 AM PDT by NonValueAdded ("Kerry, as Obama's plenipotentiary, is a paradox - the physical presence of a geopolitical absence")
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To: dancusa

To quote Johnny Carson: “Never argue with a man drinking out of a brown paper bag!”


40 posted on 09/21/2014 3:11:36 PM PDT by W. (All leaders are sensitive to the working class--that's how they avoid belonging to it.)
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