Weyerbacher Files Chapter 11 & Announces New Ownership Structure

From Weyerbacher:

Weyerbacher Brewing Company, Inc. has finalized a restructuring partnership with a private investment group, 1518 Holdings LLC. As part of the restructuring, the investment group will take majority stock of Weyerbacher.

“This is the last step in the process to investment. We were hoping to get through without entering Chapter 11, but the group of investors that we’re working with felt that it was necessary in order to move forward quickly.” Josh Lampe, who will become president of Weyerbacher as part of this restructuring, continued with, “looking towards the future, we’re adding some contract brewing and will be almost doubling production this year. We’ve got a lot of really good things that are happening and this restructuring allows us to really get going with some of the projects we’ve been planning for a while.”

Those future projects include opening additional tap rooms (they currently have two locations – Easton at the brewery and New Hope at the Ferry Market), more offerings from the Weyerbacher Spirits line, as well as continuing the 24 year tradition of big, full-flavored, high quality beers that push boundaries. “The Weyerbacher brand is stronger than it’s ever been. We’re excited to share all of the great things that we’ve been working on with the market,” said Lampe. “We’re going to respect all of the tradition of Weyerbacher while continuing the work we’ve done over the last few years to keep innovating and creating great beer.”

Dan Weirback will continue to consult as he has for the last 3 years.

About Weyerbacher
Weyerbacher Brewing was founded in 1995 in downtown Easton, Pennsylvania. Since the beginning, Weyerbacher has established a reputation for making big, full-flavored, high quality brews. While they are predominantly known for their Belgian-style brews including Merry Monks and QUAD, Weyerbacher has an extensive barrel aging program which produces fan favorites including Insanity and Riserva. Experimenting with different ingredients and brewing techniques, Weyerbacher’s brewers continue to stretch their creative minds and develop interesting and mind blowing beers that will satisfy the taste for the extraordinary.