Narragansett Brewing Company is a historic beer brand that dates back to 1890, with a rich legacy as the preferred beer in New England. However, the company faced a decline after a buyout and relocation in the 1970s. In a remarkable turn of events, a group of New England investors acquired the rights to the Narragansett name, sparking a remarkable re-branding and revival process. This transformation has elevated the brand from a forgotten relic to a celebrated favorite, particularly in Brooklyn, and has seen it emerge as the fastest-growing beer in the region. This resurgence has positioned the company to compete with established names like Pabst Blue Ribbon in a burgeoning new market. The brewery's latest boost came in the form of a $2.75M Venture Round investment on 10 November 2020. With a focus on the Food and Beverage sector, the United States based company represents an intriguing opportunity for investors seeking diverse and dynamic ventures in the beverage industry.
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