Lighthouse Strategies-owned Two Roots Brewing has signed an agreement to acquire US-based Rochester Mills Production Brewery.

Financial details of the deal are yet to be divulged by either company.

Founded in 2012, Rochester Mills Production Brewery has established its presence in the market with its product Milkshake Stout, which is available in retail stores across the Midwest and on tap internationally.

Rochester Mills Production Brewery CEO Earl Smith told media sources: “Rochester Mills has always been at the forefront of craft beer innovation. We are excited to join forces with Two Roots Brewing and to forge together, the future of craft beverages.”

Under the deal, Two Roots Brewing will acquire Rochester Mills’ 46,000ft² production facility in Great Lakes region.

Following the acquisition, Two Roots Brewing will be able to double its production capacity and also expand its presence in the Midwest, East Coast and Canada.

Upon completion of the deal, the company will install new equipment at the newly acquired facility and intends to begin production, sales and distribution of its alcoholic and non-alcoholic beverage offerings, in addition to seasonal and limited-edition offerings.

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Two Roots Brewing is also reportedly planning to expand Rochester Mills’ capacity by 60,000 barrels, with production expected to begin next year.

Lighthouse Strategies founder and CEO Michael Hayford has said that the Michigan facility will not be in use for the infusion of any of its products with cannabis.

Last month, Two Roots Brewing announced its entry into mainstream retail with its line of non-alcoholic craft beers.

The move allows the company to become the first worldwide to provide a beverage that touches three key channels, alcohol, non-alcoholic and cannabis-infused.