Home Must Reads Double Mountain brewer buys out partner

Double Mountain brewer buys out partner

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Must Reads
Tuesday, June 04, 2013

Double Mountain brewer/founder Matt Swihart is buying out founding partner Charlie Devereux so Devereux can start a new venture in Portland.

The pair founded the Hood River brewery in 2007 and saw it grow at double percentage points ever since. “We brewed 8,000 barrels (about 250,000 gallons) last year,” says Swihart, “and I want to do 9,500 barrels (about 280,000 gallons) this year." A recent doubling in both production and pub space affords Double Mountain the room to grow, and the brewery now sells its beers in returnable bottles as well as draft.

“We've talked about this for a while and this is the perfect time for us to make this move,” says Devereux, “because the brewery is maturing nicely and it's at a great place right now. Matt wants to run Double Mountain until he's old and gray, and I like starting new businesses, so this will give me the financial stability I need --- as far as the friendship, that won't change.”

Read more at OregonLive.com.

{biztweet}double mountain{/biztweet}

 

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