Kona Brewing is owned by PV Brewing Partners.
Founded: 1994
Country of origin: USA
Industry: Alcoholic Beverages
Owner: PV Brewing Partners
Type of Company: Subsidiary
Headquarters: Kailua-Kona, Hawaiʻi, USA
Website: www.konabrewingco.com
Current Ownership
Kona Brewing Co. is currently owned by PV Brewing Partners.
Who are PV Brewing Partners?
PV Brewing Partners is a company founded by Kansas City investment firm VantEdge Partners, and David Peacock. Peacock is the former President of Anheuser-Busch, while VantEdge is led by Paul Edgerley and Terry Matlack.
VantEdge owns franchises for popular fast food restaurants, such as Dunkin’ Donuts, Jamba Juice and Taco Bell, and holds part of the ownership of the Kansas City Royals in Major League Baseball.
Ownership History
- 1994: Kona Brewing Company is founded in Kailua-Kona, Hawaii, by Cameron Healy and Spoon Khalsa.
- 2010: Craft Brew Alliance acquires Kona Brewing Company on October 1.
- 2018: In October, Kona Brewing is sold to Anheuser-Busch InBev as part of a major acquisition.
- 2019: On November 11, Anheuser-Busch InBev announces the acquisition of the remaining 68.8% stake in Craft Brew Alliance, which includes Kona Brewing.
- 2020: In September, Kona Brewing Company is sold to PV Brewing Partners, a new entity formed by a private equity firm and a family office.
Kona Brewing Production
Kona Brewing Company primarily operates from its main brewery in Kailua-Kona on Hawaii’s Big Island, where it crafts its diverse range of beers. The company is known for its strong connection to Hawaiian culture and traditions, which is reflected in its brewing processes and the flavors of its beers. While the main brewing and production take place in Hawaii, Kona Brewing Company also utilizes facilities on the mainland United States for wider distribution.
The History of Kona Brewing Company
Kona Brewing Company was founded in 1994 in Kailua-Kona on Hawaii’s Big Island by Cameron Healy and Spoon Khalsa. The company quickly became known for its unique craft beers that incorporated Hawaiian culture and local ingredients. In 2010, Kona Brewing was acquired by Craft Brew Alliance, marking a significant expansion in its distribution and reach.
A notable event in the company’s history occurred in October 2018, when Kona Brewing was sold to Anheuser-Busch InBev, one of the largest beer companies in the world. This acquisition was part of Anheuser-Busch InBev’s strategy to expand its portfolio of craft breweries. In November 2019, Anheuser-Busch InBev further consolidated its ownership by acquiring the remaining stake in Craft Brew Alliance.
However, in September 2020, due to Anheuser-Busch InBev’s acquisition of the remaining stake of Craft Brev Alliance, Kona Brewing Company was sold to PV Brewing Partners, a new entity formed by a private equity firm and a family office. This sale marked a new chapter in the company’s history, with a focus on continuing its legacy of crafting distinct Hawaiian-style beers.