Stone Brewing, San Diego County’s largest brewing company, was acquired by Japanese beer giant Sapporo’s United States branch, it was announced Friday, June 24.The deal is valued at around $165 million with potential for additional payments based on business performance and is expected to close in August.“This is the right next chapter for Stone Brewing,” Greg Koch, co-founder and executive chair of Stone Brewing, said. “For 26 years, our amazing team has worked tirelessly to brew beers that have set trends and redefined expectations.“To have the interest of a company like Sapporo in continuing the Stone story is a testament to the great beers we’ve created and will continue to create for our fans across the globe,” he said.Sapporo said it intends to produce
