
CBD: Boston Beer Co. backing Magic Hat founder’s startup, “Alchemy and Science”
Guess who’s back…back again…
Magic Hat founder Alan Newman is being backed by Boston Beer Company to engineer a new project. The TBD endeavor, flying under the working title “Alchemy and Science,” so far consists of a week-old contract and a blank slate, Alan and Jim Koch tell CBD.
Magic Hat’s parent, Independent Brewers United, was sold to the KPS Capital Fund just over a year ago.
via Craft Business Daily (subscription required).
Breweries: Alchemy and Science