KPS Can Drink to $388M for North American Breweries
October 29, 2012
KPS Capital Partners has agreed to sell beer company North American Breweries to a subsidiary of Florida Ice and Farm Company for $388 million. KPS formed NAB in February 2009 as a platform for investments in the North American beer and malt beverage industries. The company's portfolio of brands now includes Labatt, Genesee, Seagram's Escapes, Magic Hat, Pyramid, the Original Honey Brown Lager, Dundee and MacTarnahan's.