The ownership factions of Ballast Point Brewing Company are entangled in a legal battle with one group alleging that $3 million of unauthorized loans have left the San Diego craft brewery in “imminent threat of operational collapse,”according to a pair of lawsuits filed in San Diego County Superior Court.
The San Diego craft brewery scene is once again getting shaken up by the Kings & Convicts. After acquiring the Ballast Point brand from Constellation Brands in 2019, the company is acquiring the brewing facilities and taprooms of Saint Archer from Molson Coors.
Ballast Point is pleased to announce beginning today, fan-favorite Habanero Sculpin IPA is returning on draft and 16-ounce cans in limited quantities.
Ballast Point will push forward with a once-planned brewpub in San Francisco, while permanently closing its Chicago location.
Kings & Convicts, the Chicago-area craft brewery that reached an agreement to acquire Ballast Point and its multiple taprooms from Constellation Brands in December, has hired industry sales veteran Mike Giordano as vice president of sales for the San Diego craft brand.
Four years after paying $1 billion for Ballast Point Brewing Company, Constellation Brands today threw in the towel on its big craft bet, announcing an agreement to sell the San Diego craft beer brand along with “a number of its associated production facilities and brewpubs” to Kings & Convicts, a little-known Chicagoland craft brewing company.
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