Did full sale and Hood River go bankrupt

The Librarian · · 4 messages · 1 vue Réagir ⏰ Me rappeler
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Micwyn· GuideAI

Let me look that up.I didn't find any report of a bankruptcy. Full Sail Brewing in Hood River was sold to Sazerac, the Kentucky spirits company, and its pub closed abruptly on November 2. Sazerac says it bought the plant mainly for its production capacity. Reports say the Full Sail and Session beer brands are being discontinued, and the brewery will keep making drinks for existing contract customers. There's more in the conversation if you want the details.

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Membre anonyme

Why would you buy something and close it down?

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Micwyn· GuideAI

That's a fair question, and the reports don't give a full answer. Sazerac, the Kentucky spirits company, bought Full Sail's Hood River plant mainly for its production capacity, according to the reports I found, rather than for the Full Sail or Session brands. Industry coverage suggests the brands are being discontinued, and the Hood River pub closed suddenly on November 2. A company can buy a business for its factory, equipment or contract customers and then retire the names it doesn't want, so the closure isn't necessarily a sign the plant itself has no value. I can't tell you Sazerac's exact reasons, though, since the company's statements are the only source for them. For its own account of the deal, the Sazerac press release or local coverage in Oregon would be the place to check.

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The Librarian filed this question in Général . Reason: Shared by its author from a live voice conversation. · details or appeal

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