US-based brewery Anheuser-Busch has announced an agreement to acquire craft brewer Karbach Brewing.

Karbach Brewing will be a part of Anheuser-Busch's craft and import brands unit The High End.

Karbach was founded in 2011 and within two years it produced 17,000 barrels of beer, which later expanded to 40,000.

The brewery increased its capacity with a new brewhouse at the end of 2014. The company also opened an on-site restaurant, tap room, and biergarten last May.

"Karbach is the heart and soul of our beer industry careers, and we are thrilled about this new partnership with The High End."

Anheuser-Busch intends to invest in Karbach to achieve a brewing capacity of 150,000 barrels per year by 2019.

Karbach produces brands, namely Hopadillo IPA, a kolsch Love Street, a pale ale Weekend Warrior, Weisse Versa Wheat, and Karbachtoberfest.

Karbach co-founder Ken Goodman said: "Chuck and I started the brewery five years ago on Karbach Street in Houston, where the warehouse was located for the beer distribution company we started decades before.

"After watching so much great beer move through our warehouse over the years we decided it was time to add our own to that list.

"Karbach is the heart and soul of our beer industry careers, and we are thrilled about this new partnership with The High End and what it will mean for our dream to give more Texans the most unique, unexpected, and exciting beers they'll have fun drinking."

Karbach co-founder Chuck Robertson said: "We are so grateful for the growth we've experienced in this first phase of Karbach, but we have maxed out our growth potential on our own, and a partnership with The High End will open doors to keep innovating and experimenting with our unique styles and continue to expand.

"While we are joining a talented and innovative group of craft breweries in The High End, Karbach will retain a high level of independence, and the existing management and brewing teams will continue to drive culture and strategy, all while having fun building our brands."

The High End president Felipe Szpigel said: "Karbach has built a unique, thriving brand rooted in the Texas spirit.

"From the beginning, they have shown creativity and passion with the super beers they brew, and they've been able to use their unique offerings to appeal to the laid back lifestyle that resonates with Texans.

"Pair these qualities with dynamic leadership, an amazing brewing team, and a dream to do more, and you have a recipe for a promising future together."