Pabst Brewing Company, the renowned beer brand known for its Pabst Blue Ribbon (PBR) beer, is currently owned by Blue Ribbon Partners. This ownership was announced on March 16, 2021. Blue Ribbon Partners is an investment platform that is led by Eugene Kashper, an American beer and beverage entrepreneur. Under this ownership, Blue Ribbon Partners holds 100% ownership of Pabst Brewing Company.
As an expert sommelier and brewer, I have a deep appreciation for the history and ownership of notable beer brands like Pabst Blue Ribbon. Pabst Brewing Company has a rich history that dates back to 1844 when it was originally founded in Milwaukee, Wisconsin. Over the years, PBR has become an iconic and beloved beer brand, known for its distinctive blue ribbon logo and its association with working-class culture.
Eugene Kashper's involvement in the ownership of Pabst Brewing Company brings an interesting perspective to the brand. Kashper is a well-known figure in the beer and beverage industry, with a passion for reviving and reinvigorating historic beer brands. He has a track record of successfully acquiring and revitalizing breweries, and his entrepreneurial spirit is evident in his efforts to bring PBR back to prominence.
It's worth noting that Pabst Brewing Company has experienced several changes in ownership throughout its history. Prior to Blue Ribbon Partners, the company was owned by a variety of entities, including a group of private equity firms. These ownership changes sometimes have an impact on the direction and strategy of the brand.
Pabst Blue Ribbon has a dedicated fan base and is often associated with nostalgia and authenticity. The beer's popularity has grown in recent years, with a resurgence of interest in craft and independent beers. PBR's affordability and distinctive taste have made it a favorite among beer enthusiasts and those looking for a quality brew without breaking the bank.
Pabst Brewing Company, the maker of Pabst Blue Ribbon beer, is currently owned by Blue Ribbon Partners, an investment platform led by beer and beverage entrepreneur Eugene Kashper. This ownership brings an exciting opportunity for the brand to continue its legacy and appeal to a new generation of beer drinkers.