From Tribal Business:
The Paskenta Band of Nomlaki Indians announced on Wednesday it had acquired Mad River Brewery from the Yurok Tribe in northern California. Terms of the acquisition were not disclosed.
The Paskenta Tribe plans to keep all existing staff, including Mad River Brewing CEO Linda Cooley, as it embarks on a plan to build out the tribe’s presence in the brewing and distillery sector, according to Paskenta Chairman Andrew Alejandre.
The acquisition of Blue Lake, Calif.-based Mad River expands the Paskenta Tribe’s existing brewery and distillery operations, which are focused on serving the tribe’s casino and resort customers, Alejandre said. Paskenta Brewery & Distillery currently produces between 730 and 750 barrels of craft beer a year, including its Shapeshifter IPA, Hopsidian Pale Ale, and Paskenta Gold Golden Ale.
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