labatt mill street

Labatt is buying Toronto's Mill Street Brewery

Toronto bars are already filled with Mill Street Brewery taps. Now, brews such as Mill Street Organic are poised to become even more commonplace across Canada because Labatt Breweries has bought out this local craft beer enterprise.

According to the Canadian Press, Labatt acquired Mill Street for an undisclosed amount of money. It's hoping to expand its craft beer portfolio while introducing Mill Street to other Canadian markets.

While we don't know how much Labatt paid for this acquisition, the Canadian Press reports that the beer giant will be investing $10 million into Mill Street to bolster its brewing activities. And, once again, the definition of craft beer becomes even murkier.

Are you surprised by this acquisition? Let us know in the comments.


Join the conversation Load comments

Latest in Eat & Drink

New grocery stores on wheels are coming to Toronto

Beloved Toronto bakery is being forced to close after location sold to developers

Toronto's most iconic ice cream joint opens surprise second location

Toronto restaurant pivots to Seinfeld-themed menu

The history of the first Swiss Chalet in Toronto

Popular Korean snack bar in Toronto shutting down a year after opening

Toronto's first funnel cake restaurant permanently shuts down

Popular Toronto gaming bar is trying to raise $100K to stay open