Who owns Lagunitas?
Lagunitas Brewing Company began on a kitchen stove in Northern California in 1993. by Tony Magee in Lagunitas, California, and moved a year later to nearby Petaluma, California, after they quickly outgrew their original rural West Marin location. The brewery has long-standing associations with cannabis, which have at times caused legal problems. Some beers have…
Lagunitas Brewing Company began on a kitchen stove in Northern California in 1993. by Tony Magee in Lagunitas, California, and moved a year later to nearby Petaluma, California, after they quickly outgrew their original rural West Marin location.
The brewery has long-standing associations with cannabis, which have at times caused legal problems. Some beers have had names associated with the plant, in one case resulting in a name being banned and using the number 420 in internal materials and external advertising.
Who owns Lagunitas?
Heineken International has fully owned Lagunitas since 2017 after founder Tony Magee and the rest of his investors sold the remaining half of the craft brewery to the world’s second-largest brewer. Lagunitas now employs 650 people at its Petaluma plant and in Chicago. Magee had hired Stipp to manage the craft brewer’s exploding growth.
As a result of the deal, Lagunitas will become Heineken’s lead global craft brand, while its founder and executive chairman, Tony Magee, will take on a newly created role as global craft director for the Dutch company. Heineken owns more than 160 breweries worldwide. Before Heineken bought a 50% share of the company in 2015, the company met the definition of a craft brewery. Two years prior it ranked fifth top-selling craft brewery in the US. Heineken purchased the remainder of the company.
