US-based alcoholic drinks firm Constellation Brands has announced the acquisition of Four Corners Brewing, a Texan craft brewery founded in 2012, for an undisclosed sum.
The craft beer brand will join California’s Ballast Point Brewing and Florida’s Funky Buddha Brewery within Constellation’s Craft and Speciality beer group.
Four Corners flagship brands are Local Buzz Honey-Rye Golden Ale and El Chingon IPA. The firm is described as brewing “an entire portfolio of authentic, delicious and sessionable beers accompanied by one-of-a-kind branding inspired by their Oak Cliff roots”.
Commenting on the news, Four Corners co-founder George Esquivel said: “We like to say that Four Corners Brewing is our collective beer journey, and partnering with Constellation continues that journey by opening amazing possibilities of where our brand and company can go. We’re proud Texas brewers, and we’ve always had intent of sharing our brews and our story with as many people as possible. We know Constellation Brands is the right partner to help us do that”.
Constellation Brands president and COO Bill Newlands added: “Four Corners brings a culture that mixes adventure and innovation with elements of heritage and tradition. It’s a compelling opportunity for Constellation because Four Corners’ bicultural inspired flavours and branding capitalise on one of the hottest trends in beer – Hispanic influenced products”.
Source: Constellation Brands