VERONA, Wis. – Wisconsin Brewing Company announced Sunday morning will acquire Lake Louie Brewery.
The Arena-based brewery will remain in operation to develop new brands and work on special projects for Wisconsin Brewing, according to a news release.
The company said it aims to offer jobs to all of Lake Louie's employees, including current Lake Louie owner Tom Porter.
Wisconsin Brewing Company President and CEO Carl Nolen said the collaboration will allow Lake Louie to expand and strengthen their brand.
" After 20 great years, we maxed out our brewery. The option was to either borrow a money and expand or merge with a great group of people whom I've known and respected for decades, "Porter said.
According to the news release, this is the first acquisition between two brick-and-mortar breweries since Miller acquired Leinenkugel in 1988.
The acquisition is set to be finalized by July 1.
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