Topping off several weeks of deals for California beer makers, Anheuser-Busch InBev said Wednesday that it would acquire Golden Road Brewing, Los Angeles' largest craft brewer.
Anheuser-Busch said the deal would help introduce Golden Road to more customers outside of its distribution network in California, Nevada and Arizona. In exchange, analysts say the beer behemoth can tap even further into the exploding craft brewing scene. Financial terms of the deal were not disclosed.
This is the first major acquisition of an L.A.-area craft brewery, and it's another indication that the beer industry is booming in the Southland.