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Maker of hipster-favorite PBR beer, Pabst Blue Ribbon, sells brewery to a Russian beverage group


Pabst Blue Ribbon — famous for its blue-collar appeal and cheap price — will soon be owned Oasis Beverages, a beer and soda company based in Moscow and operating in Belarus, Kazakhstan and the Ukraine.


The company also brews Colt 45, Old Milwaukee and Schlitz.


'Pabst Blue Ribbon is the quintessential American brand — it represents individualism, egalitarianism, and freedom of expression — all the things that make this country great,' said Eugene Kashper, of Oasis Beverages, who will serve as the new CEO of Pabst.


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