Avery sells 30 percent ownership to minority investor

BOULDER — Avery Brewing Co. has sold a 30 percent ownership to Madrid-based brewing company Mahou San Miguel.

It’s not the first U.S. purchase that Mahou San Miguel has made. In 2014, it purchased 30 percent of Michigan-based Founders Brewing.

Avery was founded in 1993 and is distributed in 33 states. In 2015, the brewery opened a new 67,000-square-foot facility in Gunbarrel.

“This new alliance, between two family companies, has been possible thanks to the passion we share for beer and tradition and that we have similar values,” Eduardo Petrossi, CEO of…