"Bell's Brewery Inc. to be sold? Larry Bell says it's possible"

Discussion in 'Beer News' started by Todd, Apr 29, 2012.

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  1. Todd

    Todd Founder (13,518) Aug 23, 1996 Finland
    STAFF Mod Team Society Pooh-Bah

    Michigan Live reports that Larry Bell is trying to buyout the remainder of the company's shareholders. The goal is to be in a postion where he can pass Bell's Brewery to his children, however it sounds like there's some strained relations with shareholders and if things aren't resolved soon ... Larry is open to selling the brewery.
    Read the full article:
    http://www.mlive.com/news/kalamazoo/index.ssf/2012/04/bells_brewery_inc_to_be_sold_l.html
     
  2. Thickfreakness

    Thickfreakness Initiate (0) Oct 2, 2010 New York

    (Key Bass Line...) Another one bites the dust! I don't blame them, but what a shame.
     
    HIGHPA likes this.
  3. olympuszymurgus

    olympuszymurgus Initiate (0) Nov 24, 2009 California

    Dear Larry Bell-

    Dude, don't be like that. Eat some crow, even if they are in the wrong, and bury the hatchet. Be cool.

    Please.

    -sincerely, Joe.
     
    afrokaze and commis like this.
  4. raymo55

    raymo55 Initiate (0) Oct 3, 2011 Michigan

    Other shareholders will not comment??? Come on kzoobrew....step your game up....begin Project "SAVE BELLS" !
     
  5. bushycook

    bushycook Zealot (681) Jan 31, 2011 Virginia

    So as some breweries go the way of GI (and maybe into irrelevant mediocracy, who knows, it's yet to be seen) dozens of other competant, creative nanos and micros will take their place.
     
    TWStandley, Kotie, gklover1 and 4 others like this.
  6. sleuthdog

    sleuthdog Savant (1,218) Oct 21, 2008 Illinois
    Trader

    I'm of the mindset if the great beers remain and whoever buys them leaves these said beers alone, does it really matter? Take Goose Island for example. Word has it that BCBS may become a year round offering and I for one am excited about that. I can only assume that their buyout had something to do with this expansion of their barrel aging abilities.
     
    Mavajoo and Chaz like this.
  7. kylezacharysmith

    kylezacharysmith Initiate (0) Apr 29, 2012

    not sure why anyone would prefer Bell's pass to Larry's children in the event of his death... that is all this is about. I am not persuaded that Laura and David would necessarily be better stewards of the brand than anyone else.
     
    Bluecane likes this.
  8. Jason

    Jason Founder (0) Aug 23, 1996 Massachusetts

    Says who? I don't envy them at all with the financial situation and growing pains but a quote like that sounds like the stress is taking its toll on him. You are only as old as you feel ...
     
    Blueribbon666 and hoplover888 like this.
  9. Dcv

    Dcv Initiate (0) Nov 12, 2009 Michigan

    It would be interesting to know how much he is offering per share of stock. I also wonder how many outstanding shares are out there, and what percentage Larry currently has ownership of. I think when Bell's first started up they offered to pay some employees with stock when they were having cash flow problems. I just don't know how many people got that option, or how much they got.

    If the shareholders feel they are being low-balled on the value of their stock, I don't see why they should sell.
     
  10. pocwolf

    pocwolf Initiate (0) Sep 1, 2009 Michigan

    The death of the canning line was sad to hear also. I was so looking forward to 2 hearted in a can while in a kayak.
     
  11. travMI13

    travMI13 Initiate (0) Jan 7, 2012 Michigan

    This would really be sad, but I will reserve freaking out until it if/when it actually happens.
     
    Blueribbon666 likes this.
  12. jakeaustin

    jakeaustin Initiate (0) Dec 23, 2007 Maine

    I for one would welcome new BMC owners. If hopslam is so good just imagine triple hopslam
     
    gklover1, Swim424 and birchholz like this.
  13. MarcatGSB

    MarcatGSB Initiate (0) Jan 8, 2011 Michigan

    Yah, it doesn't sound like this thing is even close to being the final verdict. Wait and see.
     
  14. kzoobrew

    kzoobrew Initiate (0) May 8, 2006 Michigan

    I'm no stock holder so cannot speak for them, as soon as I find out who we need to save Bell's from I'll get right on it. At the very least I'll start a "Help Kzoobrew buy Bell's" Kickstarter project.:wink:

    Oi Vey. More is not always better. I do believe most of us locals prefer that a Kalamazoo based company stays Kalamazoo based.
     
  15. jakeaustin

    jakeaustin Initiate (0) Dec 23, 2007 Maine

    Just trying to make a triple hops brewed joke....
    [​IMG]
     
    Swim424 and beerFool28607 like this.
  16. kzoobrew

    kzoobrew Initiate (0) May 8, 2006 Michigan

    Missed that one, it is rather apparent now.
     
  17. EricCioe

    EricCioe Initiate (0) Aug 7, 2010 Montana

    Can someone elaborate on this?
     
  18. LaneMeyer

    LaneMeyer Initiate (0) Mar 20, 2011 California

    I for one welcome our new BMC overlords.
     
    YogiBeer, WillCarrera, ant880 and 4 others like this.
  19. bradner

    bradner Pundit (751) Dec 26, 2007 Illinois

    A lot of freaking out about nothing! So what if they sell, if they still produce quality brews I will continue to drink. If you can't stand "big beer" ownership move on and find another local or mom-n-pop brewery. Just one man's opinion.
     
    sleuthdog likes this.
  20. steebo777

    steebo777 Initiate (0) Jun 30, 2009 Michigan

    No canning line... That sucks! First I heard that it is cancelled.
     
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