USA, MA: Cambridge Brewing Company sells brand to Castle Island Brewing
Cambridge Brewing Company's beer isn't going away after all, Wicked Local reported on December 18.
The Kendall Square brewpub, which announced it would close after 35 years in business on Dec. 20, announced Wednesday on Facebook that South Boston-based Castle Island Brewing Company has acquired the iconic Cambridge Brewing Company brand.
Financial terms were not disclosed.
When Wicked Local recently interviewed Cambridge Brewing founder Phil Bannatyne, he noted at the time that "there may still be CBC beer in the future,” but was unable to elaborate further.
But now it's official.
According to the Facebook post, Cambridge Brewing began partnering with Castle Island earlier this year to help meet demand for its legendary Amber Ale and Flower Child IPA.
The post states: “When CBC founder Phil Bannatyne decided to retire, we received an overwhelming response from the public asking us to continue making our beers somehow. Phil reached out to CIBC with the hope that CBC’s legacy could live on, as both Phil and Brewmaster Will (Meyers) have a lot of respect for CIBC and feel the values and visions of our two companies align well.”
Bannatyne couldn't be reached for comment.
Adam Romanow, founder and CEO of Castle Island, is quoted in the Facebook past as saying his company’s mission is to preserve everything fans love about Cambridge Brewing while slowly growing its reach.
Cambridge Brewing beer will still be on tap at area bars and restaurants, plus at Castle Island taprooms in Norwood and South Boston. Castle Island also hopes to get Cambridge Brewing cans back on shelves throughout Greater Boston.
“While our beloved Kendall Square brewpub is closing this week, there is reason to celebrate the future of CBC beer," Cambridge Brewing's Facebook post continues. "We are thrilled the folks at CIBC have agreed to carry the torch and keep the spirit of CBC alive and thriving."
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