Details are trickling in.
It is two soda guys: Ron Hammond and Cliff Risell, two former Coca-Cola bottling senior executives, backed by Blue Point Capital Partners, an Ohio-based investment company. Hammond and Risell collectively have "over 50 years of experience in the beverage industry."
Chuck Lawson and Pat Belardi -- former owners and CEO and CFO, respectively -- will continue on for the time being.
More, from the Times Leader:
“Certainly we want to grow the business,” Hammond said Tuesday afternoon. He said employees should not be affected by the change in ownership and that former owners Chuck Lawson and Patrick Belardi would continue to be involved.
Lawson led the 1999 purchase of the brewery that opened in 1905, paying $18.5 million. Hammond declined to provide the price he and Risell paid.
Love to know that price. One of my sources is guessing $30 million.
So far, all good. And no, folks, no Pabst, no Southampton, and no Yards.