{"id":5459,"date":"2019-05-28T06:00:32","date_gmt":"2019-05-28T11:00:32","guid":{"rendered":"http:\/\/www.beerbusinessunplugged.com\/?p=5459"},"modified":"2019-05-28T06:50:41","modified_gmt":"2019-05-28T11:50:41","slug":"may-27-2019","status":"publish","type":"post","link":"https:\/\/www.beerbusinessunplugged.com\/?p=5459","title":{"rendered":"May 27, 2019."},"content":{"rendered":"\n
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Jim Koch celebrated his 70th birthday yesterday, May 27th, and as a tradition with these pages warrants, we annually revisit Jim and Boston Beers on this date.  Because this is Jim\u2019s 70th<\/sup>, this year is most relevant in the future of Boston Beers. <\/p>\n\n\n\n

The company has evolved into one that is\nperhaps more in-tune-with the consumers\u2019 wants than any other current beer\ncompany. Boston’s portfolio is extensive, but their brands, like Twisted Tea,\nTruly, and Angry Orchard, have transformed the company.   Where Boston\u2019s\ngreat beers once led the charge, they are now secondary in volume sales; and\ntheir alternative products are primary in volume sales. <\/p>\n\n\n\n

Several years ago, Boston Beers\u2019 future\nwas being discussed by many industry and Wall Street pundits. The company\u2019s\nrecent successes in alternative beers now has Boston’s stock price at or near\nall-time records! Their short term future outlook has changed dramatically. <\/p>\n\n\n\n

Recently, the on-going question for Jim has\nbeen: what will the future hold for the company as Jim aged. That seems to have\nbeen answered with Boston’s recent announcement regarding the purchase of\nDogfish Head and subsequently, Sam Calagione will be joining Boston’s team. <\/p>\n\n\n\n

As structured, the deal was certainly a\nwin-win for both companies with both portfolios\u2019 merging. Even their individual\ndistributor networks are workable as over 50% of distributors have both brands\nin their houses. The key to this acquisition is that Jim and Boston now have a 50-year-old,\npassionate, and motivated craft beer leader who can assist Boston and Dogfish\ngoing forward. On the surface, it looks like a perfect fit for both companies,\nbut only time will tell. In the past, the industry has seen similar ventures\nwhich initially appeared to be a good fit, but then things changed, and\nultimately the the merger did not work out according to plan. This one,\nhowever, looks to be different.<\/p>\n\n\n\n

So the question going forward is: now that\nBoston and Dogfish are together, will there be more acquisitions by Boston? Jim\nhas commented recently that he has been offered over 50 such deals, but passed\non all until Dogfish presented itself.  Of\ncourse, when your company continues to grow, its stock remains at or near\nhighs, and you lead in new products and categories, it puts the company in a position\nto be very selective as opportunities present themselves. <\/p>\n\n\n\n

It appears that Jim’s wait-and-see\napproach is working. Given the current craft trends, that wait-and-see approach\nis the right hand to play. <\/p>\n\n\n\n

No doubt this next decade for Jim will be\nvery interesting. Happy 70th Jim!<\/p>\n\n\n\n

May 27th, 2019<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Jim Koch celebrated his 70th birthday yesterday, May 27th, and as a tradition with these pages warrants, we annually revisit Jim and Boston Beers on this date.  Because this is Jim\u2019s 70th, this year is most relevant in the future of Boston Beers. The company has evolved into one that is perhaps more in-tune-with the […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_s2mail":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[1],"tags":[],"jetpack_publicize_connections":[],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2xRTi-1q3","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=\/wp\/v2\/posts\/5459"}],"collection":[{"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5459"}],"version-history":[{"count":11,"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=\/wp\/v2\/posts\/5459\/revisions"}],"predecessor-version":[{"id":5471,"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=\/wp\/v2\/posts\/5459\/revisions\/5471"}],"wp:attachment":[{"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beerbusinessunplugged.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}