SHARE

Mahou San Miguel buys remaining stake in Founders Brewing Co.

The Spanish brewer has acquired the remaining stake in US craft beer brand Founders Brewing Co., gaining full ownership. Mahou San Miguel has held a 90% stake in the company since 2020. The financial terms of the transaction were not disclosed.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.