Good News for Craft Beer Lovers: Funky Buddha and Four Corners Returning to Original Owners
The Acquisition and Exit of Constellation Brands
After being acquired by Constellation Brands in 2017, two popular craft breweries, Funky Buddha and Four Corners, are set to return to their original owners. The beer industry was shocked to hear that Constellation Brands, the third-largest brewer in the U.S., was exiting the craft beer market by selling off its four craft beer brands, which also included Ballast Point and Tocayo Brewing Company.
As one of the largest distributors of beer, wine, and spirits, Constellation Brands did not see the return on investment that it had hoped for from their acquisition of these craft beer brands. Industry experts believe that the acquisition of these craft beer brands was an attempt to diversify the company’s portfolio but instead brought on new operational complexities that failed to bring significant returns.
Funky Buddha and Four Corners Return to Original Owners
While the news of Constellation Brands’ exit from the craft beer market saddened many beer enthusiasts, the news of the return of Funky Buddha and Four Corners to their original owners brought relief and excitement to their loyal customers. The original owners of both breweries are eager to continue crafting beers that showcase their unique and distinct flavors.
Funky Buddha, located in Oakland Park, Florida, was founded by Ryan and Giani Sentz in 2010. The brewery has gained a reputation over the years for crafting flavorful beers with unconventional ingredients such as blueberries, sweet potato, and maple syrup. With the return of the original owners, Funky Buddha fans can expect the brewery to continue to push the boundaries and create new and exciting brews.
Four Corners Brewing Company, located in Dallas, Texas, was founded by George Esquivel, Greg Leftwich, and Steve Porcari in 2012. The brewery is known for brewing beers that reflect Texas culture and flavors. George Esquivel, one of the co-founders of Four Corners, expressed his excitement for the return to the original ownership, stating, “We are excited to be back in control of Four Corners and to continue to bring our unique flavors and brewing techniques to our customers.”
The Future of Craft Beer
With the craft beer market booming, the news of the return of Funky Buddha and Four Corners to their original owners shows that passion and creativity are at the heart of crafting quality beers. As the beer industry continues to grow and evolve, the focus on unique and distinctive flavors will only continue to drive the success of craft breweries.
As the beloved craft breweries return to their roots, there is no doubt that their fans will be excited to see what new and exciting beers they will create. Craft beer enthusiasts will continue to look for bold and innovative flavors, and it is clear that the original owners of Funky Buddha and Four Corners are dedicated to delivering just that.
