Elysian, a longtime Seattle craft brewery has been sold to Anheuser-Busch, the maker of Budweiser and other mass-produced beers, which holds a 47.2 percent share of the U.S. beer market.
“For two decades, we’ve welcomed guests into our brewpubs and served them creative and impeccably crafted beers,” Joe Bisacca, Elysian CEO and co-founder, said in a statement. His statement said he will continue with Elysian along with partners Dick Cantwell and David Buhler.
“After a lot of hard work, we’ve grown from one Seattle brewpub to four pub locations and a production brewery. With the support of Anheuser-Busch, we will build on past successes and share our beers with more beer lovers moving forward.”
Elysian Brewing was founded in 1995 by Cantwell Bisacca and Buhler. Elysian’s first Seattle location opened in 1996 on Capitol Hill and the company now distributes its beer in 11 states, including Washington.
“As the fastest growing brewer in Washington, their recipe is working,” Andy Goeler, CEO, Craft, Anheuser-Busch, said in a statement. “Elysian’s brands are an important addition to our high-end beer portfolio, and we look forward to working together.”
Elysian sold more than 50,000 barrels of beer in 2014, with Immortal IPA accounting for more than a quarter of the company’s total volume, according to information from the company.
Elysian has four Seattle brewpubs: Elysian Capitol Hill, Elysian Tangletown, Elysian Fields and Elysian BAR in addition to the brewery on Airport Way.
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