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Constellation Brands and Ballast Point "sticker shock" - analysis
2015-11-17 16:03:00| Daily beverage news and comment - from just-drinks.com
Constellation Brands' beer ambitions took a giant leap forward in 2012 when it secured the US rights to Grupo Modelo's brands. Yesterday, it took another big stride with the US$1bn acquisition of craft brewer Ballast Point Brewing & Spirits.
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Constellation Brands closes operations in West Auckland, leases office space at NorthWest Two mall
2015-11-16 22:26:36| Beverages - Topix.net
Constellation Brands sold its historic Huapai site to Todd Property and will move its head office to NorthWest Two at Westgate Town Centre. American-owned wine company Constellation Brands New Zealand is closing its bottling plant and storage warehouse in west Auckland and moving its head office to a prime spot in a multimillion-dollar shopping mall.
Constellation To Pay $1 Billion for Small Craft Brewer
2015-11-16 21:44:00| Food Processing
San Diego-based Ballast Point Brewing & Spirits has sales of $115 million.
The Wall Street Journal: Constellation Brands to buy craft beer maker for $1 billion
2015-11-16 17:16:52| Beverages - Topix.net
Constellation Brands Inc. agreed to acquire Ballast Point Brewing & Spirits for roughly $1 billion, adding a craft beer maker to the alcoholic-beverage company's beer business. became one of the largest U.S. beer distributors in 2013 with its acquisition of U.S. distribution rights for top import Corona, several other Mexican beers plus a Mexican brewery for $5.3 billion from Belgium's Anheuser-Busch InBev NV That deal stemmed from AB InBev's larger $20.1 billion takeover of Mexico's Grupo Modelo SAB, in which AB InBev had to divest itself of the assets to win U.S. regulatory approval.
Constellation Brands enters craft beer with Ballast Point Brewing & Spirits buy
2015-11-16 15:24:00| Daily beverage news and comment - from just-drinks.com
Constellation Brands has moved into craft beer for the first time with the purchase of San Diego craft brewer Ballast Point Brewing & Spirits for US$1bn.
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