MillerCoors, owners of Tenth & Blake Craft & Import Division, have have bought out Crispin Cider. Crispin is based in Minneapolis, Minnesota and is the 3rd largest cider maker in the United States. Personally, I just recently started seeing it on shelves as of late 2011, and found out it’s still a fairly small company, founded in 2008.
The U.S. cider market is only 0.5 percent the size of the beer market, but has nearly doubled in size since 2005 and grew at 26 percent last year compared with a declining beer market. MillerCoors sees significant growth potential as the UK cider market accounts for 17 percent of its national beer market.
The Crispin business will join MillerCoor’s craft-and-import division Tenth and Blake, and ranks third in a U.S. cider market led by the Vermont Hard Cider Company and then second-placed Irish drinks group C&C (GCC.I) which bought Hornsby’s last November.