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Iron City sold
A private equity firm by the name of Uni-World Capital LP has acquired the brands and assets of Iron City Brewing in Pittsburgh. "Iron City Brewing Co.'s portfolio of brands are icons in Western Pennsylvania and beyond," said Edwin Lozano, the new president and chief executive officer. "My priorities are to concentrate on the core brands, Iron City and IC Light; to better support our wholesalers and to aggressively grow the business. Part of that growth means a personal commitment to adding jobs in Pittsburgh. I'm honored to be at the helm of a business that's a Pittsburgh institution. I firmly believe Iron City has tremendous potential, and I look forward to helping write the next chapter in the brewery's history." Terms of the deal weren't announced. To read the news release, click here and for the Pittsburgh Post-Gazette story click here.
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