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Craft Brewer Ballast Point Cashes In

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Whoa Nellie's picture
November 16, 2015 at 11:36pm
39 Comments

Started in a storage building in San Diego, CA, in 1992, Ballast Point has grown to be the 31st largest craft brewing company in the US. It was announced today that Ballast Point has been purchased by Constellation Brands Inc. (Corona, Mondavi wines and others). The price tag: $1 billion.

There's gold in them thar kegs.

http://www.latimes.com/business/la-fi-ballast-point-beer-deal-20151116-s...

 

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