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Constellation Brands Buys Funky Buddha Brewery

August 17, 2017

The Victor, New York-based firm on Thursday announced the buy, but did not disclose the terms of the deal. Constellation distributes and markets more than 100 brands including Corona Extra, Corona Light and Modelo. Its portfolio also includes craft beer brewer Ballast Point. Funky Buddha's 130 workers in South Florida are expected to Constellation's 9,000 employee count. Funky Buddha Head Brewer and President Ryan Sentz and his brother KC Sentz will continue to run the day-to-day operations of the business, Constellation said.