Who bought Ballast Point?

Kings & Convicts Brewing Co.
All 560 employees were retained. In a major deal for the entire craft beer industry, Kings & Convicts Brewing Co. recently finalized its purchase of Ballast Point Brewing Co. (beers pictured) from Constellation Brands.

Where did Ballast Point go?

Ballast Point is being sold to Illinois’ tiny Kings & Convicts Brewing, which will move its headquarters to Ballast Point’s hometown of San Diego. For the second time in four years, Ballast Point — a San Diego craft beer pioneer that became one of the area’s largest breweries — has been sold.

How many breweries are there in San Diego?

Discover San Diego’s Craft Beer Scene San Diego’s meteoric rise as a craft beer capital has added an exciting element to the community, with more than 150 breweries, plus brew pubs and tasting rooms scattered across the county.

Who bought Cutwater spirits?

Anheuser-Busch
Born as a side project in a brewery, Cutwater later broke off on its own and was later bought by Anheuser-Busch to capitalize on nationwide distribution and marketing. Its sales are reportedly up 640 percent since 2017.

What was Ballast Point Long Beach before?

Formerly Calico Amber A rich, copper ale with a case full of gold medals. Our California Amber takes its inspiration from traditional English ESBs. Four types of malts give it a bold complexity, and our proprietary yeast strain lends it a fruity, madeira-like richness.

Why did Ballast Point Temecula close?

SAN DIEGO (KUSI) – Today Ballast Point closed its Temecula brewpub and announced its Miramar warehouse will soon shutdown. Ballast Point’s parent company, Constellation Brands, says their billion dollar investment “has not met expectations” and are closing the doors to the two locations due to “declining craft trends.”

Is Cutwater Spirits Ballast Point?

Ballast Point was also the first microdistillery in San Diego since Prohibition. The brewery was sold to Constellation Brands for $1 billion in 2015. Its distillery business was spun off to a new company, Cutwater Spirits, in 2017 and subsequently purchased by Anheuser-Busch in 2019.