The brewing world is ripe with stories of mergers and acquisitions mostly stemming from ABInBev’s insatiable appetite for its competitors. The biggest of these recently was their consumption of SABMiller, their largest competitor. All while negotiating this mega-merger they have been actively pursuing craft breweries around the country, of which the most notable are Goose Island and Blue Point. Several other large craft breweries have been purchased by other companies, such as Ballast Point for $1 billion to Constellation Brands and Lagunitas’ merger with Heineken International. New Belgium is not immune to the merger frenzy going on in the craft brewing world with rumors swirling they were exploring sale options in December 2015. Following the successful transition to a 100% ESOP, the sale appears to be off the table with Kim Jordan vowing in August of 2016 to stay independent. Only time will tell if the employee-owned company will maintain this position and fend off the many suitors.