Palmetto Brewing guardian agency provided to Florida group – Charleston City Paper

Charleston’s oldest brewery has modified arms as quickly as as soon as extra. For the second time in three years, Palmetto Brewing is beneath new possession.

Catawba Valley Brewing Co. (CVBC), which owns N.C.-based Catawba Brewing, Palmetto and its Twisp seltzer offshoot, was dealt to Made By The Water, LLC, which moreover owns Oyster City Brewing Co., based totally in Apalachacola, Florida. Made By The Water moreover accommodates Wiregrass Equity Partners, a private equity group.

CVBC was primarily based in 1999 by Billy, Jetta and Scott Pyatt in Western North Carolina. Over its 20 years, it has expanded the company into 5 brewing areas, six tasting rooms and distribution into 5 states.

You’ll rapidly uncover Palmetto and Catawba beers at Oyster City Brewing Co. beneath the deal, launched closing week | Credit: Made by the Water

In 2018, CVBC acquired Palmetto, the Charleston brewery with a historic previous relationship once more to 1888. The purchase merged the two family-owned breweries all through the Carolinas — Oyster Brewing’s purchase of the two continues that customized.

“We love the craft brewing enterprise and our 130 Catawba-family coworkers. But sooner or later you rise up and likewise you’re 60 years outdated [and] you perceive it’s time we knock some points off our bucket report,” acknowledged Billy Pyatt, older brother and co-founder of Catawba, regarding the deal. “Jetta, Scott and I are terribly fortunate to have met the Wiregrass of us. Their enterprise model, a incredible combination of tasting room retail and wholesale product sales, practically exactly mirrors ours … While Scott intends to stay aboard awhile, Jetta and I do know we’re leaving CVBC in good arms.”

Alexi Sekmakas, CEO of Made By The Water, shared the feelings of the Pyatt family’s progress in a press launch.

“Over the ultimate a lot of years, we’ve proudly grown Oyster City Brewing Company from a humble nook taproom to an entrenched regional brewery with areas and have an effect on all through the Gulf Coast of Florida and Alabama,” Sekmakas acknowledged. “As we unify, we search to proceed rising on the unimaginable imaginative and prescient of Catawba and Palmetto Brewing to kind a Southeastern craft beer family that is authentically deep inside the shallows.”

OCBC brews is perhaps coming rapidly to Catawba and Palmetto taprooms, along with the native Huger Street brewery the place Twisp merchandise are moreover produced. Palmetto and Catawba brews on faucet at Oyster City’s Apalachicola, Tallahassee and Mobile breweries.

Leave a Reply

Your email address will not be published. Required fields are marked *