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The brewing company's renowned "Blue Ribbon" label was introduced in the 1890s. The beer never actually won a blue ribbon. During some festivals (i.e. World's Fair in Chicago), Pabst placed a blue ribbon around his Best beer (named after founder Phillip Best), so it would stand out among the others.
Pabst Blue Ribbon, commonly abbreviated PBR, is an American lager beer sold by Pabst Brewing Company, established in Milwaukee, Wisconsin, in 1844 and currently based in San Antonio, Texas. Originally called Best Select , and then Pabst Select , the current name comes from the blue ribbons tied around the bottle's neck between 1882 and 1916.
Pabst Blue Ribbon, also known as "PBR", is the namesake of the Pabst Brewing Company products. Originally called Best Select, and then Pabst Select, the current name came from the blue ribbons that were tied around the neck of the bottle, a practice that ran from 1882 until 1916, and discontinued due to a silk shortage during World War I.
PBR dates to 1844 and recently had a revival in popularity thanks to the young, hipster crowd.
In 2014, Blue Ribbon Intermediate Holdings — a partnership between Kashper and TSG Consumer Partners — completed its purchase of Pabst Brewing Company. [14] " We are thrilled to complete the acquisition of this great company," said Kashper, who said he would relocate with his family [ 15 ] from New York to Los Angeles. [ 16 ]
In 1981, Metropoulos made his first acquisition of Stella Foods Inc., a Vermont-based cheese company, which later sold to Robert Bass for $375 million. [9]Some of the buy-build private equity transactions of Metropoulos have included Pinnacle Foods, Ghirardelli Chocolate Company, International Home Foods, Pabst Brewing Company, The Morningstar Group, Inc. (sold to Suiza Foods [10] which has ...
Pabst is the beer of the working man, the hard-core drinker, the one that Let Budweiser claim to be the king of beers; Pabst Blue Ribbon doesn't aspire to such lofty heights.
On November 13, 2014, Pabst announced that it had completed its sale to Blue Ribbon Intermediate Holdings, LLC. Blue Ribbon is a partnership between American beer entrepreneur Eugene Kashper and TSG Consumer Partners, a San Francisco–based private equity firm. [10] Prior reports suggested the price agreed upon was around $700 million. [11]