Constellation Brands, the maker of Robert Mondavi wines and Svedka vodka, agreed to acquire Ballast Point Brewing & Spirits for $1 billion to add a line of craft brews to its beer portfolio.

Rob Sands, chief executive of beer and wine distributor Constellation Brands (STZ), is not interested in buying up any of the nearly 2,500 craft breweries that have sprung up across the nation in ...

In a stunning deal that shows how much the craft-beer industry has changed in recent years, Constellation Brands (ticker: STZ) on Tuesday unloaded the Ballast Point beer brand—which it bought fo ...

Constellation Brands Inc.STZ-0.79%decrease; red down pointing triangle said Monday it will pay $1 billion for California craft brewer Ballast Point Brewing & Spirits—a record sum for a U.S ...

San Diego’s Ballast Point, a craft brewery that got its start in the back of a home-brew supply store in 1992, is being bought by alcoholic beverage conglomerate Constellation Brands Inc. The ...

According to the social media pages for Constellation Brewing, the company has been renamed to Armillary Brewing after a ...

So too with Constellation Brands, which said, "Adding a fantastic regional brand such as Funky Buddha to our craft beer portfolio, along with Ballast Point, advances our strategy in continuing to ...

So, considering craft beer is really the only segment of the beer industry that's posting any real growth -- even if it is suffering from a bit of consumer fatigue -- Constellation Brands ...

Constellation Brands placed a big bet on the booming craft beer market Monday, announcing an agreement to purchase San Diego-based Ballast Point Brewing and Spirits for $1 billion. The deal is the ...

The big bet Constellation Brands (NYSE: STZ) made in craft beer looks like it's going awry. Having jumped into the industry with both feet and a $1 billion acquisition of Ballast Point Brewing in ...

BAY CITY, MI – Katie Mueller’s then-4-year-old daughter was diagnosed with cancer in 2020 and treated at C.S. Mott Hospital in Ann Arbor. The arduous journey that came with being beside her ...

Big Beer just snapped up another craft brewery. Constellation Brands (STZ), the company that makes Corona Extra and Modelo Especial, announced Monday that it was paying $1 billion for craft brewer ...