San Antonio’s Alamo Beer Co. files for Chapter 11 bankruptcy reorganization

The company filed its Chapter 11 petition Monday, listing estimated assets and liabilities both ranging from $1 million to $10 million. The company is expected to submit a more detailed filing later that shows a complete accounting of the money it owes and the assets it has on hand.

Alamo Beer owner Eugene Simor last fall listed the brewery and its two-acre property for sale, saying the real estate value of its property had eclipsed its production side. He also told the Express-News he was exploring other options to bolster the brewery.

Under a Chapter 11 filing, a struggling business works to reorganize so it can pay off debtors and eventually return to normal operation.

Last fall, Simor said Alamo, which was capable of producing 40,000 barrels annually, was running at less than 20% capacity. In 2023, the business merged with fellow San Antonio craft brewer Viva Beer and purchased Austin-based ShotGun Seltzer in a bid to shore up its underutilized capacity.

Alamo and other craft brewers have struggled in recent years as consumers set aside suds for wine, spirits, flavored malt beverages and hard seltzers. They also faced rising operating costs.

Other San Antonio independent breweries including Weathered Souls Brewing Co., Busted Sandal Brewing Co. and Second Pitch Brewing Co. have closed up shop amid the difficult business environment.

“You add all this up and it is making it very, very difficult for craft brewers,” Simor told the Current last February.

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This article appears in Jan 22 – Feb 4, 2025.