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Anheuser-Busch To Purchase Seattle's Elysian Brewing Co.

1280px-Elysian_Brewing_Capitol_Hill_01.jpg
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The Elysian Capitol Hill Public House is one of the company's four brewpubs included in the sale.

Anheuser-Busch says it is buying Seattle-based craft brewer Elysian Brewing Co. for an undisclosed sum.

It is the latest in a string of craft brewery acquisitions by Anheuser-Busch as it tries to counter soft sales of its own brands, such as Budweiser. 

Anheuser-Busch and Elysian announced the deal Friday and said it will bring the brewer's popular beers — most notably Immortal IPA — to a larger audience.

The deal includes Elysian's brewery business and its four Seattle brewpubs. It is expected to close by the end of the first quarter.

Anheuser-Busch is the U.S. arm of Anheuser-Busch InBev SA, which is based in Belgium and is the world's largest brewer.

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