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08.2010

Massachusetts Beverage Business

archivedOnBeerReport

THE SALE OF AN ICON

Pabst Blue Ribbon, which for the last decade has enjoyed a tremendous surge in popularity, has been sold to investor C. Dean Metropoulos, a Connecticut  tycoon known for reinvigorating food brands. Metropoulos closed the deal to buy Pabst Brewing Co. in late June for an undisclosed sum from Kalmanovitz Charitable Foundation in California which had been running it since just after the 1994 death of the widow of Pabst owner Paul Kalmanovitz. However, the IRS [...] Read More »

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