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Why DuClaw Brewing is selling after 25 years

duclaw brewing
DuClaw Brewing
duclaw brewing
SOURCE: DuClaw Brewing
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Why DuClaw Brewing is selling after 25 years
Dave Benfield did not have a clear exit strategy for the business he spent 25 years building. So when the opportunity to sell presented itself, the 53-year-old founder of DuClaw Brewing Co. seized the chance to spend more time with his family and focus on why he got into the brewing industry in the first place.The Rosedale-based brewery announced last week that it had sold to New Jersey’s River Horse Brewing Co. for an undisclosed amount. In an interview with the Baltimore Business Journal on Monday, Benfield said he sold the business to focus on his family and expects more mergers and acquisitions for both breweries and beverage distributing companies as the industry starts to mature.“I think you are going to see a lot of changes in this industry,” Benfield said.Read the full story from our partners at the Baltimore Business Journal.

Dave Benfield did not have a clear exit strategy for the business he spent 25 years building. So when the opportunity to sell presented itself, the 53-year-old founder of DuClaw Brewing Co. seized the chance to spend more time with his family and focus on why he got into the brewing industry in the first place.

The Rosedale-based brewery announced last week that it had sold to New Jersey’s River Horse Brewing Co. for an undisclosed amount. In an interview with the Baltimore Business Journal on Monday, Benfield said he sold the business to focus on his family and expects more mergers and acquisitions for both breweries and beverage distributing companies as the industry starts to mature.

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“I think you are going to see a lot of changes in this industry,” Benfield said.

Read the full story from our partners at the Baltimore Business Journal.