Financial Advisor to Octopi Brewing

Posted on January 8, 2024

GLC Advisors Transaction Closing Announcement

Acquired by

GLC served as the exclusive financial advisor to Octopi Brewing

Octopi Brewing, one of North America’s largest contract beverage production and co-packing facilities, located in Waunakee, Wisconsin announced its acquisition by Asahi Europe & International (AEI), the international branch of Asahi Group Holdings, Ltd. (TSE:2502) – a global food and beverage holding company of brands such as Asahi Super Dry, Peroni Nastro Azzurro, Pilsner Urquell, and Kozel among others.

Octopi Brewing’s modern production facility was built from the ground up to innovate and produce a wide range of beverages, including beer, non-alcoholic, and ready to drink products, using state-of-the-art packaging lines. Today, Octopi operates over 545,000 square feet of production and warehousing facilities with production capacity exceeding 1,000,000 bbl annually.

Octopi will be integrated into AEI’s U.S. subsidiary, Asahi Beer USA, and begin production of global brands Asahi Super Dry and Kozel for the North American marketplace along with a wider portfolio of brands for distribution and sale in Canada. The acquisition of Octopi represents a significant step forward in accelerating Asahi’s global ambitions for Asahi Super Dry, Japan’s most popular beer, which will now be brewed in the U.S. for the first time.


I had the opportunity to work with GLC in the past and when the opportunity to partner with a leading, global food and beverage products company became a possibility, the team at GLC was my first call to make it a reality. The GLC team’s ability to guide us through the complex process of a sale was invaluable in achieving a successful outcome for us.”

Isaac Showaki
Founder & President, Octopi Brewing


GLC’s Business Services & Industrials Team 
GLC’s Business Services & Industrials Team is exclusively focused on advising business services and industrials clients in the Middle Market. Our team’s advisory work includes M&A (sell-side and buy-side), financing/debt advisories, recapitalizations, fairness opinions, and valuations. We excel at working with founders and owner-operators. Our team is passionate about the businesses and people that hire us to advise in their strategic decisions and events.

Michael Richter  /  Managing Director
Michael.Richter@glca.com  /  303.479.3844

Adam Fiedor  /  Managing Director
Adam.Fiedor@glca.com  /  303.479.3845

Michael Fleschner  /  Director
Michael.Fleschner@glca.com  /  303.479.3846

Michael Armbruster  /  Vice President
Michael.Armbruster@glca.com  /  303.479.3851

Jackson Winn  /  Associate
Jackson.Winn@glca.com  /  303.479.3854

GLC Advisors & Co.
GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: mergers & acquisitions, equity and debt capital advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, Denver, Los Angeles and San Francisco. For more information, visit www.glca.com.