Constellation Brands...

[Marshal Jim Duncan]

owners of the Corona and Modelo beer labels, among others, are buying Ballast Point Brewing, of San Diego. Reportedly the deal is worth ~ $1 Billion.

 

[CarrolltonPoke]

That's a crazy figure. I wonder if they are planning on taking it global.

 

[Deepfork]

That's a crazy figure. I wonder if they are planning on taking it global.

Well, first they have to take it national. Ballast doesn't have the capacity to brew for a global market. Actually, they don't have the capacity to brew for a national market. I would suspect that Constellation will brew for the Mexico market and acquire or contract brew in the US.