Cape May Brewing company posted on Monday, April 24, 2023 that they plan to acquire the assets of fellow New Jersey craft brewer, Flying Fish Brewing Company.
“This acquisition represents the union of our two brands — ones that charted the course for craft brewing in New Jersey with a shared foundation of entrepreneurial spirit, strong local pride, passion for innovation, and a deep appreciation for brand fans,” the company wrote on the post. “The acquisition is a strategic investment for us and will significantly increase our company’s manufacturing and warehousing space; boost annual production capacity; and add manufacturing capabilities to support the expansion of our product portfolio.”
READ MORE: The Things Cape May Has Done To Survive an Aluminum Can Shortage
Both companies will continue to be distributed by its wholesale distributor partners.
“We are excited for these new opportunities, and grateful for the teams and fans of both brands who have supported the New Jersey craft beer community over the years,” said CEO Ryan Krill in the release. “This may be a brand-new chapter in our company history, but it’s one that is rooted in the same values that have driven our commitment to quality, people, and refreshing brews since our founding in 2011.”
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