Flying Dog Brewery of Frederick has been sold to FX Matt Brewing Co and will cease production of its beer in Maryland this summer, both companies announced on Tuesday.
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“Financial terms of the transaction were not disclosed. Flying Dog’s production will begin shifting to FX Matt’s Utica, New York-based production facility over the summer with operations in Maryland expected to stop “sometime in August.”
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FX Matt is a logical fit for Flying Dog as the company has contract brewed many of Flying Dog’s offerings over the years due to capacity constraints at the Maryland brewery.
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Flying Dog will maintain a presence in Maryland as FX Matt is seeking a location for an innovation brewery and taproom in Frederick.
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FX Matt CEO Fred Matt said in the announcement that Flying Dog offers his company “a great opportunity to grow in the Mid-Atlantic region.”
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Flying Dog CEO Jim Caruso said the brewery’s Frederick location presented “too many limitations.” He also said FX Matt is offering employment to as many Flying Dog workers as possible.
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Flying Dog’s current Chief Marketing Officer, Ben Savage, will stay as President of the Flying Dog division of FX Matt Brewing.
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Article via BrewBound ✍️
