Company type | Subsidiary |
---|---|
Industry | Alcoholic beverages |
Founded | 1896 |
Founder |
|
Defunct | 2023 |
Headquarters | , United States 37°45′49″N 122°24′02″W / 37.7636°N 122.4005°W |
Area served | Worldwide |
Key people |
|
Products | Beer |
Production output | 132,000 barrels (2013)[1] |
Parent | Shepherd Futures, |
Website | anchorbrewing.com |
Anchor Brewing Company was a brewery on Potrero Hill in San Francisco, California. Founded in 1896, the brewery underwent several changes in location and ownership throughout its history. After years of declining sales due to competition with larger breweries, Anchor was purchased by Frederick Louis “Fritz” Maytag III in 1965, preventing its closure.[2] The brewery operated at its Potrero Hill location from 1979 and was one of the last remaining producers of steam beer, a variety of beer trademarked by the company.[2]
In 2010, the company was purchased by The Griffin Group, an investment and consulting company focused on alcohol brands, and became part of Anchor Brewers & Distillers, LLC.[3][4]
In 2017, the company was acquired by Sapporo Breweries for US$85 million.[5][6] Sapporo's ownership oversaw significant declines in revenue for the brewery, and in 2023, Anchor Brewing ceased operations, with plans to liquidate the business.[7] On May 31, 2024, Chobani CEO Hamdi Ulukaya announced that he was buying the company and its associated assets. He said that he planned to restart the company and keep its operations in San Francisco.[8]
In July 2023, Anchor Brewing closed, and its workers attempted to buy out the firm as a worker-owned cooperative.[9] In 2024, Chobani instead bought out the company with the intention of restarting its operations.[10]
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