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