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Pabst Is Sold to Russian Beverage Company
NY Times ^ | 9/18/2014 | David Gelles

Posted on 09/18/2014 11:38:14 PM PDT by RightGeek

A Russian beverage company said on Thursday that it was acquiring the Pabst Brewing Company, which makes the Pabst Blue Ribbon beer popular with barflies and hipsters alike and other brands like Colt 45 and Old Milwaukee.

[snip]

The buyer is Oasis Beverages, a Russian brewer and beverages distributor. Backing Oasis is TSG Consumer Partners, an American private equity firm focused on consumer goods, which will take a minority stake.

“Pabst Blue Ribbon is the quintessential American brand – it represents individualism, egalitarianism and freedom of expression – all the things that make this country great,” Eugene Kashper, the chairman of Oasis Beverages, said in a statement.

[snip]

(Excerpt) Read more at dealbook.nytimes.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; News/Current Events; Russia
KEYWORDS: americanindecline; beer; bestbrewery; blatz; busch; colt45; coors; eugenekashper; globalism; henryweindhards; lonestar; mickeysmaltliquor; miller; oasisbeverages; oldmilwaukee; oldstyle; pabst; pabstblueribbon; pbr; russia; schaefer; schlitz; schmidts; stides; zymurgy
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To: RightGeek
There's no place that I'd rather be than right here
With my Red Necks, White Socks, & Blue Ribbon Beer.
41 posted on 09/19/2014 1:29:56 AM PDT by cva66snipe ((Two Choices left for U.S. One Nation Under GOD or One Nation Under Judgment? Which one say ye?))
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To: RightGeek
Clever marketers in China managed to sell PBR for $44 a bottle. Probably the Russians are trying to replicate the same effect of it being "premium elite beer" in Russia.

http://newsfeed.time.com/2010/07/21/pabst-blue-ribbon-is-classy-and-expensive-in-china/


42 posted on 09/19/2014 1:50:06 AM PDT by Krosan
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To: Pontiac

None of the outfits Inbev has bought so far are actual beer makers so you need not worry. :P


43 posted on 09/19/2014 1:54:42 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: GeronL

~I wonder how much of Oasis is owned by the Kremlin?~

AFAIK, none. And I believe it is not a Russian company, but a Bobruisk, Belarus-based holding, which is originally a Belarussian juice company which owns two breweries in Ukraine, one in Russia and one in Kazakstan.


44 posted on 09/19/2014 2:04:00 AM PDT by wetphoenix
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To: RightGeek

PBR.. selected as America’s best in 1893 and not one award since.


45 posted on 09/19/2014 2:08:32 AM PDT by maddog55
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To: RightGeek

A long-dead friend of mine used to sit down to watch the PBA Tour every Saturday on ABC without fail...a cold six-pack of Pabst ‘pounders’ by his side...no other ‘beer’ would suffice.


46 posted on 09/19/2014 2:18:41 AM PDT by who knows what evil? (Yehovah saved more animals than people on the ark...www.siameserescue.org.)
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To: RightGeek
During my misspent youth I would drink PBRs sometimes. It was a cheap beer. Anybody remember Genneesee Cream Ale? At that time Heineken was about the only foreign beer. Nowadays if you don't drink some designer beer you're uncivilized. Sold to the Russians, I thought they were vodka drinkers. Probably cheap vodka too.
47 posted on 09/19/2014 2:23:27 AM PDT by McGruff (I'm for freedom)
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To: dfwgator

YES! I was waiting for someone to make a Blue Velvet reference!


48 posted on 09/19/2014 2:24:06 AM PDT by DemforBush (A Repo Man is always intense.)
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To: DoughtyOne
When I was in my late teens, I tried Colt 45 malt liquor a few times. I can still remember the taste 45 years later.

Funny...I had a similar experience about 45 years...a stripper gave me a bottle of Black Label. One swig, and out the window it went. Blech. Ghastly stuff...ghastly.

49 posted on 09/19/2014 2:32:43 AM PDT by who knows what evil? (Yehovah saved more animals than people on the ark...www.siameserescue.org.)
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To: McGruff

I remember Gennesee, and also “Little Kings”, another brand of Cream Ale. Little Kings was popular in my high school, because you could brag about how many beers you pounded at the last party(of course, we never mention that LK came in a 7.5 ounce bottle).

I also used to enjoy the occasional Mickey’s malt liquor. Not the greatest stuff in the world, but not bad if you kept it ice cold.


50 posted on 09/19/2014 2:34:30 AM PDT by DemforBush (A Repo Man is always intense.)
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To: DemforBush

Mickey’s malt liquor had a kick to it. Usually the next morning I felt like I’d been kicked in the head. Utica Club was another cheap beer for upstate New Yorkers.


51 posted on 09/19/2014 2:51:46 AM PDT by McGruff (I'm for freedom)
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To: Focault's Pendulum

and not too far from Pickwick ale


52 posted on 09/19/2014 2:54:08 AM PDT by knarf (I say things that are true .. I have no proof .. but they're true.)
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To: McGruff
Anybody remember Genesee Cream Ale?

In the green cans? Oh, yeah...

Speaking of cans, anyone remember 'BEER' in the black and white cans? 99 cents a six at your local Price Chopper.

53 posted on 09/19/2014 2:54:20 AM PDT by who knows what evil? (Yehovah saved more animals than people on the ark...www.siameserescue.org.)
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To: McGruff

I think beer was more popular than vodka in Russia for about a decade and probably still more popular. A trick was licensing and sells rules because it wasn’t considered an alcoholic beverage but a foodstuff until last year. A 10 years old could by a six-pack in a supermarket a year ago.


54 posted on 09/19/2014 2:57:19 AM PDT by wetphoenix
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To: Octar
I remember Rolling Rock which was brewed in PA being bought by Budweiser who moved it to New Jersey...

Latrobe PA if I'm not mistaken... Arnold Palmer's hometown.

55 posted on 09/19/2014 3:19:18 AM PDT by mac_truck ( Aide toi et dieu t aidera)
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To: DoughtyOne

If you still remember the taste you didn’t drink the whole bottle.


56 posted on 09/19/2014 3:45:23 AM PDT by Renegade
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To: Smokin' Joe

So much for “Red necks, white socks, and blue ribbon beer”.


57 posted on 09/19/2014 4:14:05 AM PDT by Rodamala
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To: Spktyr

Stella Artois was a decent beer.


58 posted on 09/19/2014 4:16:18 AM PDT by Rodamala
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To: Pontiac

The worst beer I ever tasted was Falstaff. I bought a six pack for 99 cents and threw 5 and a half away. Nasty!


59 posted on 09/19/2014 4:21:35 AM PDT by aomagrat (Gun owners who vote for democrats are too stupid to own guns.)
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To: RightGeek

I hope they don’t mess with Old Milwaukee Light. It’s a pretty decent tasting cheap beer.


60 posted on 09/19/2014 4:24:56 AM PDT by aomagrat (Gun owners who vote for democrats are too stupid to own guns.)
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