- Pabst Brewing Company on Monday attempted to clarify
“a number of inaccuracies” about its future ownership.
company released a statement that declared it would
remain “an American iconic brand with its headquarters
in the U.S.”
reports surfaced last week indicated the company, which
originated in Milwaukee in the 1800s, was being
purchased by a Russian beverage company.
future owners of Pabst, Eugene Kashper, TSG Consumer
Partners and Cyprus-based Oasis Beverages are deeply
committed to Pabst’s future as an American company,” the
statement went on to describe Kashper as a U.S. citizen
who immigrated to the United States from Russia at the
age of six. It called TSG Consumer Partners a
“well-known U.S.-based strategic equity group” and
described Oasis as a Cyprus-based beer and soft drink
producer co-founded by Kashper.
look forward to working with our new colleagues and to
continuing our 170-year old tradition. PBR is a very
strong brand with a rich heritage and authentic American
values. Our new colleagues will remain vigilant in
staying true to the brand’s identity and will look to
loyal customers for guidance,” the statement concluded.