An interesting tweet from David Walker……we’ve brought you a few Nectar Ales…coming courtesy of Firestone Walker…..and now it appears as though the Hummingbirds have found a new home (Patron). Could Nectar Ales be leaving Firestone Walker? Sure seems likely…
Update 15 July 2012: Firestone Walker has confirmed they have signed an agreement to sell the Nectar Ales brand to Total Beverage Solution in Mount Pleasant, South Carolina.
From FW:
“It is sad to let these beers go, but production and operational demands will require us to focus on our core line of Firestone beers in the years ahead,” said co-proprietor Adam Firestone.
Added co-proprietor David Walker, “Nectar Ales was always a labor of love and our nod to keeping a pioneer of the California craft revolution healthy. It’s now time, however, for this iconic family of beers to become something more than we are able to provide.”
Nectar Ales was established in 1987 in Humboldt County, California by the Humboldt Brewing Company. When production issues forced the small brewer to seek out a partner, Firestone Walker Brewing Company stepped up in 2003 and formally acquired the Nectar Ales brand in 2005.
Since then, Nectar Ales has been revitalized, earning numerous awards and accolades, including a gold medal in the American-style amber ale category at the 2010 Great American Beer Festival for its Red Nectar Ale; first place at the San Diego County Fair in 2009 for its Nectar IPA; and a silver medal at the 2009 California State Fair for its Hemp Ale. Firestone Walker also brought its oak barrel brewing expertise to Nectar Ales, creating the acclaimed Black Xantus barrel-aged imperial stout.
“We are excited to purchase this fine brand from Firestone Walker and hope to build on the success they enjoyed while owning the brand,” said Dave Pardus, CEO and president of Total Beverage Solution.
First Beverage Financial acted as exclusive financial advisor to Firestone Walker in this transaction.
“This was a bittersweet decision for us, but ultimately one that is best in the long term for both Nectar Ales and our own Firestone beers,” Walker said.
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