Who owns FULL SAIL BEER?

FULL SAIL BEER is owned by

ENCORE CONSUMER CAPITAL

FULL SAIL BEER
First Brewed

1987

Origin

Oregon, United States

Website

Full Sail Brewing Company was created in 1987 in Hood River, Oregon by Irene Firmat. She and her partners Jerome Chicvara, Meg Roland, Joe Hill, and Roger Barry chose the vacant Diamond Fruit canning facility to build the brewery, which they initially called the Hood River Brewing Company. In their first year, the brewery only produced 287 barrels of beer. The company then began bottling its beer the following year, and soon renamed itself to Full Sail after the windsurfing that is popular in the region.

In 1999, the company was working with Indian company United Breweries Group (makers of Mendocino and Kingfisher) to sell the company, but the deal fell through mere hours before the deadline. In its place, Firmat set up an employee stock ownership plan for its 47 employees. In 2015, the by-then 78 employees in the ownership plan, who owned a combined 58% of the brewery, voted to sell the company to Oregon Craft Brewers Co., the craft beer division of Encore Consumer Capital, a private equity firm based in San Francisco. The following year, Full Sail produced more than 115,000 barrels of beer, but by 2018 it had dropped to less than 70,000.

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ENCORE CONSUMER CAPITAL

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