St. Louis’ largest, locally owned craft brewery is now back in the hands of its namesake family.
The Saint Louis Brewery, makers of Schlafly Beer, today announced it has shifted majority ownership back to the Schlafly family. David Schlafly, the cousin of brewery co-founder Tom Schlafly, has been named as Saint Louis Brewery’s director. David Schlafly, a commercial real-estate developer, along with a group of local investors, recently acquired the controlling interest in the brewery, allowing the Schlafly family to continue the Schlafly Beer legacy into the future.
“I am delighted to have David join the Schlafly team,” said Tom Schlafly. “Throughout his career, he has been an advocate for the betterment of our community – both on a civic and cultural level. He has a track record for success in business, and his work has led to the redevelopment of Maplewood, a commitment that has served our Schlafly Bottleworks location well.”
While Tom Schlafly will remain chairman of the board, David Schlafly plans to be actively involved as a director of the company.
“The Saint Louis Brewery is part of our family’s legacy,” he said. “I’ll be working with the Schlafly team to continue to advance its leadership in the craft beer industry and support neighborhood renewal. We are proud to be a St. Louis family-owned brewery.”
Private equity firm, Sage Capital, as well as several current and former employees, chose to sell some of their units, shifting a majority ownership stake to David Schlafly and the group of investors. Tom Schlafly and Sage Capital will remain minority stakeholders for the brewery with representation on the board of directors.
David Schlafly plans to continue his commercial real estate work, and will also remain active in civic and charitable causes. He currently serves on the board of Laumeier Sculpture Park, and he is the former chairman for the Creve Coeur Economic Commission and president of Housing for Senior Services at Catholic Charities St. Louis. He was also named the Maplewood Businessman of the Year in 2014.
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