So long Ballast Point IPO. Corona and Modelo beer brewer Constellation Brands Inc (STZ.N) said it will buy San Diego-based craft beer maker Ballast Point Brewing & Spirits for about $1 billion to compete in the fast-growing craft beer market. Read the Complete Article by Reuters Here: Constellation Brands to buy brewer Ballast Point…
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“At a time when many craft brewers are opting to sell their businesses, Ballast Point Brewing & Spirits has an unconventional plan for the brewer’s future: it’s going public. The San Diego-based craft brewery, the nation’s 31st largest craft brewer, has officially filed plans to go public with the Securities and Exchange Commission. The brewer…
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A couple of weeks ago I tried a beer that was a gift to me from my daughter for my birthday (Thanks Katherine!). The beer was Ballast Point Sea Monster Imperial Stout. Sea Monster is a limited release beer that Ballast Point issues annually between September and November. Located in San Diego, Ballast Point was started in…
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