Anchor Brewing union employees say they're not getting fair chance to bid for company

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In a statement, Warehouse Union Local 6 ILWU which represents brewery employees, said Sapporo, which owns Anchor Brewing Company, is refusing to give them access to financial information, claiming it's too close to the date they would hand over control of their assets.

"The union desired to get information ahead of the liquidation process," said Anchor Brewing spokesperson Sam Singer. "That just wasn't possible. They asked at a very late moment. We want the union workers to bid on this brewery and its historic assets. We want others to bid on it, and whoever makes the best offer will wind up, either in whole or part, all of the Anchor Brewing and its assets.

The union's statement said: "We are asking Sapporo to delay handing over control of their assets for one month, until September 2, 2023. Provide the financial information necessary to present a fair offer."Anchor Brewing Co. workers gain support from SF supervisors to take over business "All the information that bidders will need is going to be available once the liquidator is in process, and at that point the unionized employees, as well as others, are going to be able to look at the books, essentially, as well as other assets, and make an evaluation for themselves as to what they would like to bid on Anchor Brewing," Singer said.

The last bottles of beer were brewed at Anchor Brewing Company in San Francisco Thursday but the taps are open until Monday.

 

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