ALCHEMY & SCIENCE GETS TO WORK
It didn’t take long for the Alchemy & Science to make its first move. Launched in October, the “craft beer collaboration” subsidiary of the Boston Beer Co. has acquired Los Angeles-based Angel City Brewing, making it the first brewery for the company’s portfolio. Michael Bowe founded Angel City Brewing in 1997 and will remain with the brewery for two years as an advisor. Led by Alan Newman, founder of Vermont’s Magic Hat Brewing Co., and Stacey Steinmetz and funded by Jim Koch’s Boston Beer Co., the mission of Alchemy & Science is “to increase awareness of craft brewed beers by exploring and managing a broad range of opportunities, from creating and/or incubating new breweries to providing legacy solutions to craft beer/brewery founders.”