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Archive record · Brewery

New Belgium Brewing

Fort Collins, Colorado, Colorado, USA

ActiveConglomerate-ownedRegional
Founded
1991
Archive ID
TB-5RGK0ADX
Last checked
2026-09-07
#Colorado#MacroOwned

Who owns this brewery?

New Belgium Brewing Company

At the top of the chain: Kirin Holdings Company, Limited. Every step is shown below.

  1. New Belgium BrewingThis brewery
  2. New Belgium Brewing CompanySubsidiary
  3. LionSubsidiary
  4. Kirin Holdings Company, LimitedConglomerate

Tally Answers Beta

Who owns this brewery?
Lion, through New Belgium Brewing Company, Inc. Kirin Holdings Company, Limited is the ultimate parent.Verified
Is this brewery independent?
No. Employee ownership ended with the sale to Lion, approved by the employee-owners in December 2019.Verified
Who ultimately owns this brewery?
Kirin Holdings Company, LimitedVerified
01

From the record

Summary

Pioneered wind-powered brewing and Fat Tire amber ale. Sold to Kirin's global craft division (Lion) in 2019.

A summary written during research. The sourced facts are in the sections below.

Tally’s Take

Colorado pioneers of wind-powered brewing and Fat Tire, now operating under Kirin's global craft division.

Ownership & corporate history

  1. Founded by Jeff Lebesch1991
    What the sources say

    Co-founded New Belgium Brewing in Fort Collins in 1991.

  2. Founded by Kim Jordan1991
    What the sources say

    Co-founded New Belgium Brewing in Fort Collins in 1991; remained in an advisory role after the 2019 sale.

  3. Owned by New Belgium employee owners (ESOP)2012
    What the sources say

    100 per cent employee ownership through an ESOP, fully implemented in 2012. A collective owner, recorded as a GROUP rather than resolved to a company that does not exist.

  4. Acquired by LionNovember 2019
    What the sources say

    Acquisition announced 19 November 2019: an all-cash transaction for 100 per cent of New Belgium Brewing Company by Lion Little World Beverages, Lion's craft division. The EVENT is the announcement; the ownership state begins in December once employee-owners approved.

  5. Owned by LionDecember 2019
    What the sources say

    Employee-owners approved the sale in December 2019, ending the ESOP. Lion's ownership state begins here, not at the November announcement.

  6. Subsidiary of Kirin Holdings Company, LimitedDecember 2019
    What the sources say

    Kirin Holdings is the ultimate parent, through Lion. Kirin's own group material lists Lion among its main subsidiaries.

Ownership history is kept as dated events, so a change of owner never overwrites the one before it.

02

The Museum

Timeline

  1. 1991
    Founded

    New Belgium Brewing begins brewing in Fort Collins, Colorado.

  2. 2019
    Sold

    Sold to Kirin's global craft division (Lion) in 2019.

03

The People

Behind the beer

Jeff Lebesch
Co-founder

Cycled through Belgium, came home to Colorado and brewed in his basement, 1991.

Kim Jordan
Co-founder

Ran the business; later led the transition to employee ownership.

04

The Beer Library

Beers

Fat Tire

Year-Round

Amber Ale

ABV5.2%

Named for the bike trip through Belgium that inspired the brewery. It was America's defining amber ale for three decades, then was controversially reformulated in 2022 as the style fell out of favour.

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Voodoo Ranger Original IPA

Year-Round

IPA

ABV7.0%

(Year Round) [Colorado Pass 05]

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Voodoo Ranger Juice Force

Year-Round

Hazy Imperial IPA

ABV9.5%

(Year Round) [Colorado Pass 05]

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Mountain Time

Year-Round

Premium Lager

ABV not captured in this pass. (Year Round) [Colorado Pass 05]

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1554

Year-Round

Enlightened Dark Ale

ABV not captured in this pass. (Year Round) [Colorado Pass 05]

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06

On the record

Awards

  • 1993

    Gold — Specialty Category

    Great American Beer Festival

Only awards we could attribute to a named body and year appear here. An empty section means unresearched, not unawarded.

07

Follow the money

How it changed hands

1 recorded move
  1. 1991Founded
  2. 2019Sold

    Sold to Kirin's global craft division (Lion) in 2019.

Today the chain tops out at Kirin Holdings Company, Limited.

08

Show your working

Sources

  1. controlConfirmed

    New Belgium Brewing is controlled by Public company.

    Kirin Report 2025 · Kirin Holdings · 2025

    PrimaryHigh reliabilitySource accessed 2026-08-05
    Claim last checked 2026-08-05

Only the claims above are sourced. Everything else on this page is the archive's own research and has not yet been tied to a document — which is worth knowing rather than hiding.

09

Straight answers

Common questions about New Belgium Brewing

Who owns New Belgium Brewing?
New Belgium Brewing is owned by New Belgium Brewing Company. New Belgium Brewing Company is part of Kirin Holdings Company, Limited, through Lion, within the group. New Belgium Brewing is based in Fort Collins, Colorado, USA.
Is New Belgium Brewing still independent?
No. New Belgium Brewing is owned by New Belgium Brewing Company, ultimately Kirin Holdings Company, Limited, and is no longer independent.
When was New Belgium Brewing acquired?
2019. Sold to Kirin's global craft division (Lion) in 2019.
When was New Belgium Brewing founded?
New Belgium Brewing was founded in 1991 in Fort Collins, Colorado, USA.
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