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Asolica > Blog > Finance > Gold medal-winning beer model information for Chapter 11 chapter
Finance

Gold medal-winning beer model information for Chapter 11 chapter

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Last updated: April 26, 2026 8:57 pm
Admin
2 weeks ago
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Gold medal-winning beer model information for Chapter 11 chapter
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Tons of of high-quality craft breweries have confronted financial misery through the Craft Beer Apocalypse, with many submitting for chapter safety to proceed working and others compelled to shut.

Contents
  • Brewery gained 2 gold medals
  • Kiitos Brewing information for chapter
  • Kiitos brews Fonio beer
  • Different bankrupt breweries win awards
  • Kiitos Brewing’s canned beers:

The craft beer business confronted 385 brewery closures in 2023 and one other 399 closings in 2024, in accordance with the Brewers Affiliation.

The business downturn led to extra brewery closures than openings in 2025, with 434 shutting down and 268 opening by mid-December 2025, Brewbound reported on social media.

Among the many breweries submitting for chapter, a number of have gained awards on the nation’s prime beer competitors, the Nice American Beer Pageant, together with Kiitos Brewing LLC.

Brewery gained 2 gold medals

The Salt Lake Metropolis-based craft beer firm gained two gold medals on the Nice American Beer Pageant in October 2024 for its Blonde and Pale Ale beers, in accordance with the corporate’s Instagram put up.

Kiitos Brewing, nonetheless, filed for Chapter 11 chapter on April 24, 2026, to reorganize and proceed working, in accordance with Chapter Observer.

Gold medal-winning beer model information for Chapter 11 chapter
Kiitos Brewing has gained gold medals for its Blonde and Pale Ale beers on the Nice American Beer Pageant.

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Kiitos Brewing information for chapter

The pioneering craft brewery chain filed its petition, No. 26-22348, within the U.S. Chapter Court docket for the District of Utah, itemizing $100,000 to $500,000 in property and $1 million to $10 million in liabilities, in accordance with paperwork from RK Consultants.

Kiitos Brewing didn’t point out a particular purpose for submitting for chapter in its petition.

The debtor’s founder and proprietor, Andrew Dasenbrock, launched the brewery, positioned at 608 West 700 South in Salt Lake Metropolis, in 2016 utilizing a high-efficiency brewing system, which saves power and makes use of 40% much less water and 15%-20% much less grain, in accordance with Kiitos’ web site.

Kiitos Brewing additionally solely makes use of aluminum cans, and no glass, in its brewery manufacturing, since aluminum is a sustainable metallic that may be recycled indefinitely, and manufacturing requires far much less power, the web site stated.

“In fact, canning protects the beer from sunlight and “skunking” better than bottled beers,” in accordance with Kiitos.

Kiitos brews Fonio beer

The brewery, which has a capability of about 7,000 barrels per 12 months, launched the primary 100% Fonio beer within the U.S., utilizing the West African fonio grain and its distinctive mash press brewing system, Salt Lake Metropolis Weekly reported in January 2025.

Kiitos Brewing opened a second location at 1533 South 1100 East, referred to as its Sugar Home Bar location, on Oct. 7, 2025, in accordance with The Salt Lake Tribune.

The corporate didn’t checklist or point out the Sugar Home location anyplace on its web site on April 26. An organization spokesperson was not instantly obtainable for remark.

Different bankrupt breweries win awards

Different award-winning breweries have filed for chapter this 12 months, together with Lock 27 Brewing, which filed its Chapter 11 petition on April 22. The brewery was honored in 2020 with a Bronze Medal for its Wolk Belgian-style Witbier on the Nice American Beer Pageant, in accordance with American Craft Beer.

San Francisco brewery Olfactory Brewing, which gained a gold medal within the Nice American Beer Pageant‘s Blended-Tradition Brett Beer class in 2024, closed its Berkeley, Calif., taproom in February 2026, and filed for Chapter 7 chapter liquidation on March 4, 2026, dealing with unsustainable prices, in accordance with social media posts.

Kiitos Brewing’s canned beers:

  • Blonde Ale
  • Pale Ale
  • Amber Ale
  • Coconut Stout
  • Espresso Cream Ale
  • Blackberry Bitter
  • Pilsner
  • Imperial Stout
  • Northeast IPA
  • India Pale Ale
  • Double India Pale Ale

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