6 Craft Beverage Equipment Suppliers Merge in $100M Deal
The six suppliers have created Lotus Beverage Alliance, a new platform that they believe will make them better together.
April 21, 2023
Six major US craft beverage companies are merging to form Lotus Beverage Alliance, to offer a one-stop shop for craft beverage needs including equipment and supplies.
The combined capabilities of LOTUS Beverage Alliance will enable beverage manufacturers of all sizes to access the most comprehensive array of products spanning every step of production for craft beer, wine, hard cider, spirits, cold brew coffee, ready-to-drink cocktails, kombucha, CBD/THC-infused drinks, and sake beverages.
The six merged companies, Alpha Brewing Operations, GW Kent, Twin Monkeys, Stout Tanks and Kettles, Brewmation, and Automated Extractions, are leaders in craft beverage equipment manufacturing and offer essential infrastructure and technology for diversifying the craft beverage industry.
The five founders of the six companies will remain in senior leadership positions at Lotus: Matt Rennerfeldt, John Watt, Kevin Weaver, Josh Van Riper, and Randy Reichwage. John Ansbro, an industry veteran with more than 30 years of experience in equipment manufacturing, has been named Chief Executive Officer for LOTUS. Ansbro has held senior executive positions at Alfa Laval, Johnson Controls, and the GEA Group.
“LOTUS has everything craft beverage creators need to produce the amazing artisanal products they love, for people who love them,” said Ansbro. “Our team’s proven industry experience includes a deep bench of experts helping to optimize the production of handcrafted beverages for consumers to enjoy.”
The alliance produces more than 1,500 top-shelf products, including turn-key brewhouse production equipment, 304 stainless steel conical fermenters, brew kettles, IBC totes, multi-capacity tanks, mash tuns, brite tanks, canning systems, automation and control systems, packaging, thermal processes and sanitation equipment, raw ingredient supply, parts, and more.
There is also a proprietary financing program that offers customers financing options, removing cost barriers for startups and smaller beverage producers.
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