
Investment firm, Yucaipa, pours $100 million into Brew Hub for majority stake
Ron Burkle’s Yucaipa Cos. is the latest investment firm to tap the small but fast-growing craft beer industry, taking a majority stake in a startup company that plans to spend more than $100 million to build five new breweries. Instead of brewing its own beer, Brew Hub LLC of St. Louis, Mo. hopes to fill each facility with at least half a dozen small brewers who want to expand production but face capacity constraints.
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Breweries: Brew Hub