Anheuser-Busch InBev (AB InBev) has acquired US-based brewer Platform Beer Co to expand its presence in the US craft beer sector.

Financial terms of the deal are yet to be divulged by both the companies.

The newly acquired business will be part of Brewers Collective, which is a business unit of AB InBev in the US.

Platform Beer Co, which was established in 2014 by Paul Benner and Justin Carson, started as a homebrew-inspired brewery.

Currently, it has four facilities in Ohio and develops over 200 unique beers annually.

Brewers Collective president Marcelo Michaelis said: “We are thrilled to welcome Paul, Justin and the entire Platform team to Brewers Collective.

“We are inspired by their experiential mindset and we look forward to supporting their growth plans as they continue to push boundaries through their intrinsic craft values of education, connection and collaboration.

“It’s this growth that will give beer drinkers access to even more choices in today’s competitive and dynamic beer market.”

According to AB InBev, the brewery has so far developed over 600 recipes that include a variety of unique seasonals, sours, ciders and fruit ales, barrel-aged beers and a line of hard seltzer.

Benner said: “In speaking with the other craft brewery founders in Brewers Collective, we know partnering with Anheuser-Busch means we will have the resources and the autonomy to bring our vision for Platform Beer Co to life.

“Being able to continue leading the day-to-day operations was an important factor in our decision and we have no doubt that this partnership will benefit our loyal staff and passionate customer base.”

Last month, AB InBev agreed to sell its Australian subsidiary Carlton & United Breweries (CUB) for an enterprise value of A$16bn ($11.3bn).