Cape May acquires Flying Fish

[John C]

Wow, this is a surprise. FF is a much larger operation. What drove this? Did they get themselves extended in the new digs?

 

[Mtorbik]

Wow, this is a surprise. FF is a much larger operation. What drove this? Did they get themselves extended in the new digs?

Cape May has been contract brewing a lot of their beers across the bridge at yards. That's why they started Cape distribution so they were able to bring their own beer back into the state to distribute. Any beer made outside the state must go through a distributor. Buying Flying Fish gives them the production capabilities to not have to rely on contracting through yards is my take. I would not expect the flying fish brand to last very long.

 

[DJ_Mark]

My wife and I always say if CM wasn’t an hour-plus away, we’d be there all the time. Something tells me we aren’t the only people in Gloucester/Camden County areas that believe the same thing. We’re hoping they eventually convert the FF location to a “Cape May North” brewery and taproom.

 

[Chris Z]

Sadly the deal fell through and they filed Chap 11: https://www.courierpostonline.com/s...-somerdale-chapter-11-bankruptcy/72053698007/

 

[Mtorbik]

Sadly the deal fell through and they filed Chap 11: https://www.courierpostonline.com/s...-somerdale-chapter-11-bankruptcy/72053698007/

Because Cape May isn't stupid. When they found out how much debt they were in... They realized it was only a matter of time. $100 says they buy the building and some assets for far less from their debtors than they would have paid by aquaring them

 

[Chris Z]

Yeah, that seemed like a lot of debt. Hope some good comes out of it.