Home Beer Report: Ballast Point sells to Constellation Brands for $1 billion

Report: Ballast Point sells to Constellation Brands for $1 billion

The San Diego brewery and sprits maker joins the same portfolio of brands as Corona and Modelo.
SHARE
CATEGORIES: Beer   News  

BEER NAMEReuters reports that Constellation Brands, an international producer and marketer of beer, wine and spirits whose brands include Corona and Modelo, announced Monday morning it would purchase San Diego brewery Ballast Point for $1 billion. Ballast Point, founded in 1996, brews Sculpin IPA, Longfin Lager, The Commodore Stout and others; distills a line of spirits; and recently introduced canned ready-to-drink cocktails.

The acquisition should be complete by the end of 2015. It comes on the heels of last week’s news that Anheuser Busch-InBev will acquire SABMiller for $107 billion, creating the world’s largest beer company.

 

Author
Kate Bernot is DRAFT’s beer editor. Reach her at kate.bernot[at]draftmag.com.

Brewery Travels
draftmag.com

Brewery Travels: My Favorite Brewery/Beer from Each State

In my ongoing quest to visit breweries all across this great land, I have now surpassed the 400 mark, and they’ve been spread across 37 states and 175+ cities. To celebrate this landmark, I’ve put together a ‘Special Edition’ of Brewery Travels: A rundown of my favorites in each of the states visited so far.

CATEGORIES: Beer   Feature   Midwest Breweries   Midwest Feature   Northeast Breweries   South Breweries   Travel   West Breweries  

draftmag.com

Why a Miller Lite Was the Best Beer I’ve Ever Had

I’ve worked in craft beer for nearly five years now. I’ve had the fortune to try some truly amazing brews: Pliny the Elder, Heady Topper, Bourbon Barrel Aged Expedition Stout. Supplication? I’ve got one in my mini-fridge. The reason I’m telling you this is because I want to frame my statements here properly. I’ve had good beer, trust me. The best beer I’ve ever had, though, was a Miller Lite.

CATEGORIES: Beer   MIDWEST   Midwest Feature  

7 Comments

Leave A Reply

Your email address will not be published.

207 queries in 2.755 seconds.