Constellation Brands is selling Ballast Point Brewing Co. to Ill. craft brewer Kings & Convicts for an undisclosed amount, four years after it acquired Ballast Point for $1 billion. The deal includes Ballast Point's associated production facilities and brewpubs and is expected to close by the end of Constellation's 2020 fiscal year.
Craft brewer buying Ballast Point from Constellation Brands
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