Anheuser-Busch InBev is buying Arizona's largest craft brewer and brewpub owner, Four Peaks Brewing Co.
Founded in 1996, Four Peaks produced 70,000 barrels of beer this year. For comparison, St. Louis' largest craft brewer, The St. Louis Brewery, produces 60,000 barrels of Schlafly beer annually.
Financial terms of the sale set to close in the first quarter of 2016 were not disclosed.
Four Peaks is the sixth brewer to join A-B's craft and imports portfolio, The High End. The other craft brewers A-B has acquired in recent years are: Goose Island Beer Co., Blue Point Brewing Company, 10 Barrel Brewing, Elysian Brewing Company and Golden Road Brewing.
The acquisition includes several locations: Four Peaks' 8th Street Brewery & Pub and the Wilson Street Brewery & Tasting Room, both in Tempe, and the Grill and Tap in Scottsdale, in addition to a location at the Sky Harbor Airport facility.
"We look forward to learning from each other and bringing more Four Peaks beers to craft lovers in the Southwest," The High End's CEO Andy Goeler said in a statement.
St. Louis is Belgium-based A-B InBev's U.S. headquarters.