GRAND RAPIDS, Mich. — Michigan's largest brewery is being sold to a Spanish partner.
Founders Brewing in Grand Rapids has informed state regulators that Mahou San Miguel Group will have a 90% stake in the brewer by January.
Mahou San Miguel, based in Madrid, acquired a 30% stake in Founders in 2014.
Founders says Mike Stevens and Dave Engbers, who co-founded the brewery in 1997, will each retain a 5% share and "have no intention of leaving."
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