Earlier this year, Fat Point Brewing was close to calling its production facility and taproom in Punta Gorda quits.
The closure came down to finances and a soon-to-expire lease, Fat Point founder Bill Frazer told Southwest Florida's News-Press. But the parent company of Tampa Bay's Big Storm Brewing Co., Seaboard Craft Beer Holdings, recently finalized the purchase of Fat Point, allowing the Charlotte County microbrewery to live on.
"We are all very excited about our new affiliation with Big Storm, and throughout this process have discovered several similarities in our culture and goals. Our values and vision have not faltered, which is to continue to deliver a great beer and customer experience," said Fat Point founder Bill Frazer, who will remain with his brewery, in a statement.
Fat Point and its tasting room, which celebrated their two-year anniversary in February, will remain open, and production of the brewery's four signature beers — the Belgian-style Bru Man Chu tripel, Big Boca Ale, Reyght Angle IPA and a Belgian-style wheat called Going Mintal — will also continue.
While some may see the purchase as a sign of the craft-beer bubble bursting, Seaboard believes in protecting the local beer industry, according to co-founder L.J. Govoni.
"Our main priority will be to support their efforts of producing innovative beers while making sure more Florida consumers are exposed to the Fat Point name and product," Govoni said.
Fat Point's beers are distributed in Tampa, Cape Coral, Fort Myers and Naples.