Lone River founder Katie Beal Brown exits Diageo after five years

Katie Beal Brown, the founder of Lone River, has left her position at Diageo after five years. This departure comes amid various updates in the beverage industry.

In a recent press clips roundup from Brewbound, published on March 13, 2026, it was reported that Katie Beal Brown, founder of the beverage brand Lone River, has exited Diageo after five years with the company. Diageo, a major player in the drinks sector, had been her employer during this period, though specific reasons for her departure were not detailed in the clips.

The announcement appears alongside other industry developments. BrewDog, the Scottish craft beer company, has closed its location in Atlanta as talks continue regarding a potential U.S. deal with Tilray. Separately, Molson Coors is focusing efforts to "slow the decline" of its value brands, aiming to stabilize that segment of its portfolio. Additionally, Boochcraft, known for kombucha products, is considering the acquisition of a cidery to expand its offerings.

These clips highlight ongoing shifts within the beer and beverage market, including leadership changes, location closures, strategic initiatives, and potential mergers. No further timelines or quotes were provided in the source regarding Brown's exit or the related stories.

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Photorealistic illustration of Tilray Brands' executives sealing £33M BrewDog UK acquisition deal outside a brewery, with workers celebrating job preservation.
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Tilray Brands completes £33 million acquisition of BrewDog's UK operations and global brand

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Tilray Brands has completed its purchase of Scottish craft brewer BrewDog's UK brewing operations, global brand, intellectual property, and 11 brewpubs for £33 million (~$44 million) following the company's administration. The deal preserves 733 jobs but results in 484 redundancies and the closure of 38 UK bars, with separate talks ongoing for US and Australian assets.

Several craft breweries in the United States and Canada are closing locations or filing for bankruptcy amid industry challenges. Factors include rising costs, shifting consumer preferences, and regulatory issues. These closures highlight broader struggles in the craft beer sector.

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Scottish craft beer company Brewdog is preparing to announce the sale of its business early next week, according to an email from chief executive James Taylor to staff. The firm will liquidate its German operations, excluding them from the sale, while bars continue to operate normally this weekend. Investors express concerns over potential losses from the crowdfunding scheme Equity for Punks.

Champion Breweries Plc has finalized its acquisition of the Bullet brand portfolio from Sun Mark, expanding into 14 African markets. The deal, first announced in August 2025, positions the Nigerian brewer as a diversified beverage platform. It includes trademarks, formulations, and commercial rights held in a new Netherlands entity.

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San Diego Beer News has published its weekly roundup of fresh beers debuting at local breweries on March 12, 2026. The list features a variety of styles from IPAs to lagers across numerous spots in the county. Bottlecraft staff also shared recommendations for Italian and Irish brews available at their shops.

DeadBeach Brewery has secured gold and silver medals at the Texas Craft Brewers Cup organized by the Texas Craft Brewers Guild. The awards recognize two of its beers in specific categories following a competition involving entries from across the state.

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Chef Michael Symon has announced plans for River Roots Barrel Co. Whiskey Bar and Brewery in Cleveland's Flats district. A recent Instagram video provides a first look at the location on Columbus Road. Symon expressed excitement about the upcoming venue.

 

 

 

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