your "even though" clause opens your statement up to lead the reader to believe that red hook "sold out" to budweiser. most people unfamiliar with the beer industry are not keen to the workings of the three-tier (sometimes four) system. the only way for most breweries to gain distribution rights in a territory are to partner with a tied-distributor. these distributors aren't owned by budweiser or miller-coors, just heavily, heavily influenced, so, yea, even if your statement was not "incomplete" it can absolutely be construed as misleading.
I know that you know this information, but many of the people reading this thread might not.
FTR, IN-Bev does own over 25% of the actual brewery (Red Hook) at this point in time, which you have mentioned.