With a sale to Kings & Convicts Brewing Co, Ballast Point has fallen victim to the new broom of Constellation CEO Bill Newlands who, since his appointment in March, has shown a determination to focus solely on the company’s best-in-class brands.
Constellation Brands cuts losses on US$1bn Ballast Point folly – Comment
Ballast Point has fallen victim to the new broom of Constellation CEO Bill Newlands, who since his appointment in March has shown a determination to focus solely on the company's best-in-class brands.