Golden toilet shitter Vijay Mallya is selling his New York American craft brewery. The notorious booze baron and business man, who at one time served as chairman of United Spirits, the largest spirits company in India, and is also an ex-board member of United Breweries Group, an Indian conglomerate with plenty of alcohol companies, also is/was the majority stakeholder in two craft breweries in America — California-based Mendocino Brewing Co. and Olde Saratoga Brewing Co. in New York. Both have gone belly up.
Mallya was once dubbed the King of Good Times because of his ridiculously rich lifestyle, and he is still currently wanted in India for defaulting on massive loans involved with Kingfisher Airlines Ltd. Olde Saratoga Brewing Co., which was going by just Saratoga Brewing Co. of late, is maybe best known for suddenly shutting down in January, sending contract brewers scrambling to reacquire their products in like 72 hours. Enjoy this post from Braven Brewing of Brooklyn:
When you’re told your partner brewery has gone out of business and you have 72 hours to remove $60,000 of packaging material and get 800 kegs worth of beer out of the tanks, what do you do? You get in your car and drive 4 hours north to conduct a rescue operation! We were able to move 60 pallets of kegs, keg collars, keg caps, bottle caps, 6 pack carriers, and 24 pack cases into storage on Friday morning. Then we salvaged about $3,000 of hops, threw them into the car, and UPS’ed them to another brewery for future batches. On Saturday, two tanker trucks arrived and, thanks to @thebronxbrewery’s help with a one-of-a-kind fitting, we connected both of the 200 BBL fermenters up to the trucks. Each took about 2.5 hours to fill to the brim. In the meantime it was practically arctic conditions with single digit temps and snow blowing every which way. All of this constitutes the closing of one chapter in Saratoga and the beginning of another at @ipswichalebrew We’re thrilled to start brewing our current styles as well as a bevy of new ones there ASAP. More news on those to come in the very near future… We drove back to Brooklyn on Saturday night knowing that Braven can handle everything from minor speed bumps to major roadblocks because we never give up. Onward and upward.
Liquidation experts at Tiger Group and Schneider Industries Inc. have plans to conduct a live online auction to sell the complete brewing operations of Olde Saratoga Brewing on August 28. Following the closure of the New York subsidiary of California-based Mendocino Brewing, the assets will be offered as a turnkey operation or on a piecemeal basis. The assets include a pristine, 125-bbl-per-day brewhouse, a Krones/Pearson bottling line, an automatic keg washing and filling system, a laboratory and tasting room, furniture and lots more. According to the press release:
“This offering provides a unique opportunity to acquire a full-service brewery at hard asset value,” said John Coelho, Senior Director of Tiger’s Commercial and Industrial division. “The ability to submit piecemeal bids also offers craft breweries, cider making and other food and beverage manufacturers the opportunity to purchase individual assets at liquidation prices.”
“This equipment provides companies with a tremendous opportunity to either start an operation or add to their current capacity,” added Bruce Schneider, President of Schneider Industries, which represents food and beverage companies around the world, offering surplus equipment.
Olde Saratoga Brewing Co. is one of New York’s oldest craft brewers (if 1997 seems old to you). The company is actually an off-shoot, East Coast operation owned by Mendocino Brewing Co., which is based in Ukiah, Calif. (about two and half hours west of Sacramento). Olde Saratoga Brewing provided East Coast brewing for Mendocino Brewing. At its peak, Olde Saratoga Brewing was the fourth largest brewery in New York State and produced more than 30 different types of ales and lagers. The facility is located about 15 minutes from I-87 in Saratoga Springs, N.Y., and about seven miles from Saratoga County Airport.
Bidding will commence August 21 at SoldTiger.com. Bidding will close in rapid succession, live auction style, on August 28 at 11:00 a.m. (ET). All bidders are required to register prior to the sale at SoldTiger.com. Previews of the assets are available from 10:00 a.m. to 4:00 p.m. (ET) on August 27 at 131 Excelsior Ave. in Saratoga Springs.
What else is being auctioned?
The auction’s selection of grain storage, delivery systems and preparation assets include a Friesen 2,959-cu-ft carbon steel silo with rotary feed gates, a 2012 Cablevey stainless steel enclosed tubular drag cable, disc conveyor and hoppers, and more.
The brew house includes stainless steel steam jacketed tun, pre-run, brew kettle and other tanks; a malt handling system control panel with Allen Bradley controls; 7,600-gal stainless steel storage tanks; and other equipment. Olde Saratoga’s fermentation area features multiple 30-bbl to 500-bbl stainless steel jacketed tanks, a two-tank CIP System, a 40-hp stainless steel disc centrifuge and a diatomaceous earth filter with agitation tank.
The facility’s 2012 automatic keg washing and filling system features five washing heads, one racking head, a direct flow control filling system, a 60-keg-per-hour infeed and discharge conveyor. A complete 220-bottle-filling line that’s up for bid includes a bottle unloading station with hydraulic scissor lift and accumulation conveyor and a 50-head rotary bottle washer.
An on-premises tasting room features a walk-in keg cooler, a tap system, a two-door stainless steel refrigerator, two TVs and more, in addition to shirts, glasses, growlers and other memorabilia and office furniture and equipment. The facility’s well-equipped lab features testers, a fume food, an orbisphere, a digital scale, a spectrophotometer and other equipment.
Available plant support equipment includes four air compressors as new as 2013, a cooling tower with an epoxy coated tank, two 100-ton liquid chillers, and other assets. The boiler room features two 200-horsepower natural gas process steam boilers, and a condensation de-aerator tank with pumps, while the fully equipped maintenance shop contains a lathe, floor drill, hand and power tools, and more.
Rolling stock up for bid includes tandem axle box and refrigeration trailers as long as 48 ft, a Chevy Astro van, a 3,800-lb, four-stage electric riding forklift and other items. Check it all out over here.