The press release states: Chicagoland-based Kings & Convicts Brewing Co. announced it has signed an agreement with Constellation Brands, Inc., to acquire Ballast Point and a number of its associated production facilities and brewpubs, excluding the production brewery in Daleville, Virginia, which will remain a part of Constellation’s Craft & Specialty division. A pioneer in the craft beer movement in San Diego, Ballast Point has a 20-plus-year history of supporting the art of homebrewing and creating high-quality, innovative and award-winning beer.
“We’re excited to welcome the team at Ballast Point into the Kings & Convicts family,” said Brendan Watters, Kings & Convicts’ chief executive officer. “As craft brewers, we have long admired the quality and spirit of the Ballast Point brand and team. Their best-in-class brewing standards will remain unchanged, delivering the same high-quality, award-winning beer the company has become known for over the years. Our goal is to leverage Ballast Point’s deep know-how, talented and passionate employee base, and outstanding operating team to grow both Ballast Point and Kings & Convicts together.”
Kings & Convicts will retain all positions within Ballast Point’s existing workforce, which is comprised of approximately 560 employees. The company will continue to utilize Ballast Point’s current U.S. distribution network and plans to hire a sales and marketing workforce to support long-term growth in all 50 states.
Source: Press release, Kings & Convicts Brewing Co.
Dec. 3, 2019
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