Kegconnection Complete Starter Kit and More Giveaway!


Home Brew Forums > Home Brewing Beer > General Beer Discussion > Old Dominion sold

Reply
 
LinkBack Thread Tools
Old 01-09-2007, 11:31 PM   #1
todd_k
Feedback Score: 0 reviews
 
todd_k's Avatar
Recipes 
 
Join Date: Jan 2006
Location: RVA
Posts: 2,577
Liked 12 Times on 11 Posts
Likes Given: 2

Default Old Dominion sold

This can't be good....

"Old Dominion Brewery Sale Appears Imminent

Thomas Heath
Source: The Washington Post
Copyright 2007, The Washington Post Co. All Rights Reserved
01/08/2007


Old Dominion Brewing, whose pub is a favorite of the high-tech crowd near Dulles International Airport and whose microbrews are sold throughout the Mid-Atlantic region, is close to being sold -- and the buyers may be connected to the most macro brewery of all. Old Dominion President Jerry Bailey said the sale could happen any day. He declined to identify the buyers, but people close to the microbrewery said the sale would involve Ram's Head Tavern, a Baltimore-based brewery chain, and beer giant Anheuser-Busch.

Regulars are already getting nervous. "The concern is growing over whether they will continue to sell those same beers," said Jack Chungo, 54, a salesman who is a frequent customer. "The majority of people I know have a particular favorite."

Kyle Muehlhauser, a principal at Ram's Head Tavern, did not return phone calls and messages left for him. A spokesman for Anheuser-Busch said the company had no comment.

Bailey said he thought it was unlikely the new owners would change the beers.

"I can't imagine anybody buying a place like this and not keeping the only thing we got," Bailey said. "The brand is the most valuable thing we own."

"We have signed a letter of intent with someone, but we are not confirming or denying any of the other stuff," said Bailey, adding that he was selling the company in order to liquidate his equity.

Customers who had heard the rumors last week said that they are worried that new ownership would bring in new brands of beer, replacing Old Dominion's house brands, including Dominion Ale, Dominion Lager, Tuppers' Hop Pocket Pils, Old Dubliner and Aviator brews, as well as special beers for each season of the year. Nearly 20 brands, all of which are brewed on site, are sold on tap at the pub. The brewery is in an office park in Ashburn, near the Washington and Old Dominion Trail, and is a favorite stop for runners and bike riders.

Old Dominion also brews special recipes for local restaurants including the Dubliner, J. Paul's and the Hard Times Cafe. Murphy's Grand Irish Pub in Alexandria sells Old Dominion beer under house brands Murphy's Ale and Murphy's Blonde.

Bailey owns 22 percent of the company, which includes the pub as well as the brewery operation. The next biggest partner owns 10 percent, and there are 82 investors, he said.

Bailey, 67, a former employee of the Agency for International Development, founded Old Dominion in 1989. The company started brewing in 1990 and in 2006 sold the equivalent of 27,000 barrels of beer and 6,000 barrels of soft drink, making Old Dominion the 50th-largest brewery in the country, Bailey said. Each barrel is equal to 13.78 cases of 24 bottles each. About half of Old Dominion's beer is sold on tap and the other half in bottles.

"We have done quite well," Bailey said. He estimated that the company is worth $4 million to $6 million, but declined to name the sale price. He said one consultant had estimated the Old Dominion brand alone to be worth $2 million.

A former employee of Old Dominion is scheduled to go on trial this spring on charges of embezzling more than $100,000 from the firm. Bailey said the sale was not related to the incident.

Old Dominion announced last March that it was being sold to one of its managers, but the sale did not go through. Sources familiar with the current deal spoke on the condition of anonymity because the sale has not been completed. "

__________________

Primary:
Secondary:
Conditioning:
Kegged: Smoked Porter

todd_k is offline
 
Reply With Quote Quick reply to this message
Old 01-10-2007, 01:01 AM   #2
Flyin' Lion
Feedback Score: 0 reviews
 
Flyin' Lion's Avatar
Recipes 
 
Join Date: Jan 2005
Location: Chester, VA
Posts: 1,972
Liked 10 Times on 7 Posts

Default

This is sad news if they do in fact change up the beers. I just recently discovered the oak barrel stout and really enjoy it.

__________________
Quote:
Originally Posted by ohiobrewtus
John Madden has officially been put on suicide watch with the annoucement of Favre's retirement.
Flyin' Lion is offline
 
Reply With Quote Quick reply to this message
Old 01-10-2007, 01:22 AM   #3
todd_k
Feedback Score: 0 reviews
 
todd_k's Avatar
Recipes 
 
Join Date: Jan 2006
Location: RVA
Posts: 2,577
Liked 12 Times on 11 Posts
Likes Given: 2

Default

I had their Millenium Ale at Legend. It was served as their featured guest cask ale. It was awesome.

__________________

Primary:
Secondary:
Conditioning:
Kegged: Smoked Porter

todd_k is offline
 
Reply With Quote Quick reply to this message
Old 01-10-2007, 01:42 AM   #4
trinitone
Feedback Score: 0 reviews
 
trinitone's Avatar
Recipes 
 
Join Date: Sep 2006
Location: Philadelphia, PA
Posts: 421
Default

Damn... I leave NoVA and look what happens.

__________________
Planning: Ned's Red (Flanders style)
Primary: Niet
Secondary 1: Cripple Kriek (a 'pseudo' cherry lambic)
Secondary 2: Monk's Tripel...
Bottled: Dark Star Brown Ale, Watership Stout, Yet to be named cider

Well... a person can work up a mean, mean thirst after a hard day of nothing much at all.

This kind of an area is the best place for survival because you do have good, basically intelligent, hard working, decent people and they're all armed to the teeth... and that's my kind of people.
trinitone is offline
 
Reply With Quote Quick reply to this message
Old 01-10-2007, 03:25 AM   #5
Hopfan
Nice Beaver....
HBT_LIFETIMESUPPORTER.png
Feedback Score: 0 reviews
 
Hopfan's Avatar
Recipes 
 
Join Date: Sep 2006
Location: Lincoln University, PA
Posts: 664
Default

Damn AB!!! First they buy Rolling Rock and plan to move it to Trenton, NJ of all places!!! Now this?

Honey, where the hell are my RPG's?

__________________
When we find out how many bodies you buried in the basement, will we be more shocked or disappointed at the number?

Zip ties are the duct tape of the 21st century

Bad Dog Brewing
Sit...Stay
Hopfan is offline
 
Reply With Quote Quick reply to this message
Old 01-10-2007, 03:50 AM   #6
Dude
Will work for beer
HBT_LIFETIMESUPPORTER.png
Feedback Score: 0 reviews
 
Dude's Avatar
Recipes 
 
Join Date: Jan 2005
Location: Knob Noster, Missouri
Posts: 8,843
Liked 36 Times on 26 Posts
Likes Given: 5

Default

That sucks, but the good beers will remain. Even if the a-holes at A-B are involved, they aren't stupid enough to mess it up.

All this is is corporate giant taking a slice of a good thing. They can't/won't do it themselves so they buy everyone out.

Looks like I'll stop buying Old Dominion products now. Gotta make my own oak barrel stout I guess.

__________________
On Tap: Lake Walk Pale Ale -- Eternity (Raspberry Stout) -- Nutrocker -- Donnybrook Dark
Primary: Lake Walk Pale Ale
Secondary: Summit IPA
Up Next: Smoked Porter -- Pub Ale -- Watermelon Wheat
Planning:
Gone But Not Forgotten:

www.IronOrrBrewery.com
Dude is online now
 
Reply With Quote Quick reply to this message
Old 01-10-2007, 04:08 AM   #7
SwAMi75
Feedback Score: 0 reviews
 
SwAMi75's Avatar
Recipes 
 
Join Date: Mar 2005
Location: Midwest City, OK
Posts: 2,492
Liked 2 Times on 2 Posts

Default

Maybe AB can at least show them how to brew more consistently. From my experience, no two batches of Hop Pocket were ever the same. Some would be great, and others really below average.

I think they're a decent brewery, with the Oak Barrel Stout being their only really exceptional beer. I do hate to see another little guy go down, but it's not like Rogue, Stone, or Bear Republic is being bought out.

__________________
May you go marching in three-measure time
Dressed up as asses, drunk to the nines
Swing from the rafters, shouting those songs
Gone unsung for far too long

SwAMi75 is offline
 
Reply With Quote Quick reply to this message
Old 01-10-2007, 04:10 AM   #8
Ize
...
HBT_LIFETIMESUPPORTER.png
Feedback Score: 0 reviews
 
Ize's Avatar
Recipes 
 
Join Date: Mar 2006
Location: Central Illinois
Posts: 2,287
Liked 4 Times on 4 Posts

Default

Quote:
Originally Posted by Dude
That sucks, but the good beers will remain. Even if the a-holes at A-B are involved, they aren't stupid enough to mess it up.

All this is is corporate giant taking a slice of a good thing. They can't/won't do it themselves so they buy everyone out.

Looks like I'll stop buying Old Dominion products now. Gotta make my own oak barrel stout I guess.

I've never had an Old Dominion beer in my life.

That said, remember, AB screwed up Michelob, the only decent beer they had. The Mich we get is NOT the Mich my Dad drank. (he's informed me of this on more than a few overindulgent occasions...) And it sux that, if it turns out to be AB, they felt the need to get that involved in such a small operation. (Maybe b'cuz it's DC?) Rolling Rock I can see, I don't like it, but I understand it. I haven't read anything about them moving where RR is made tho, (so post a link to that would ya Hopfan? Greatly interested.) but I dig why they would acquire it with how far it's distributed. (Same thing goes for Goose Island)

The sad part is, it makes AB, and August the 3rd, look so insecure that he thinks it's the 70's again and the big boys can suck up the regionals and everyone will forget what real beer tastes like.

Not gonna happen.

Ize
__________________
"They who drink beer will think beer"
-Washington Irving

Sig to re-open when it's less of an embarassment
What I do for a living on the web... www.wsoyam.com
Ize is offline
 
Reply With Quote Quick reply to this message
Old 01-10-2007, 11:58 AM   #9
zoebisch01
Feedback Score: 0 reviews
 
zoebisch01's Avatar
Recipes 
 
Join Date: Nov 2006
Location: Central PA
Posts: 5,198
Liked 7 Times on 7 Posts

Default

Yeah that lady from the podcast on basicbrewingradio talked about this recent trend. Her claim was that the mega-breweries are basically on a headhunting campaign for share of the the market. Hence, the purchasing of smaller guys. Interestingly, from her show her stern warning (if you want to call it that) was that the guys at AB really and truly do know how to brew good beer. Most of their revenue has come from those who feed on the sub-par brews they make; they are just catering to their customer! From what was discussed, this is probably the best time in history for beer to date because of the huge availability of ingredients, knowledge and the past few decades of a giant swing away from mainstream beer to local and small scale beer. Now of course, when a business is acquired it changes. It is impossible for new management not to interfere. That is just the way of things.....hopefully they won't interfere with the process of how those breweries make their beer. Problem comes in when joe-blow looks over the numbers and says..."You know we can save $0.20 per gallon if we just switch our malt to this variety...and truthfully the tests show it is the same".

__________________

Last edited by zoebisch01; 01-10-2007 at 12:01 PM.
zoebisch01 is offline
 
Reply With Quote Quick reply to this message
Old 01-10-2007, 01:07 PM   #10
Jester
Senior Member
HBT_SUPPORTER.png
Feedback Score: 0 reviews
 
Jester's Avatar
Recipes 
 
Join Date: Feb 2006
Location: New Orleans, LA
Posts: 611
Liked 2 Times on 1 Posts
Likes Given: 1

Default

I hope there beer doesn't change... the Oak Barrell Stout was the beer that made me start drinking "good" beer... and eventually got me into homebrew...

__________________
Jester is offline
 
Reply With Quote Quick reply to this message
Reply


Quick Reply
Message:
Options
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
Old Dominion Clone WAGNER BREWING Recipes/Ingredients 12 02-21-2007 11:30 PM
Old Dominion Beer Festival Nate Delaware HomeBrew Forum 15 06-26-2006 08:19 PM
Dominion Cup Best in Show Goes to...... SwAMi75 General Beer Discussion 20 06-09-2006 03:33 PM
Old Dominion Cup Grimace General Beer Discussion 4 05-11-2006 06:19 PM