A Shift in Ownership: Constellation Brands Exits Craft
What Happened
It came as a surprise when news broke that Constellation Brands, the owners of popular craft breweries Funky Buddha and Four Corners, have decided to exit the craft beer market. It was a swift and unexpected move for a company that has been actively investing in the industry for years. This news came as a shock to many craft beer enthusiasts who have grown to love both Funky Buddha and Four Corners over the years.
What This Means for the Craft Beer Industry
Constellation Brands’ exit from the craft beer market is a significant shift that could potentially have a ripple effect on the industry as a whole. While the company will continue to invest in its other alcohol and beverage brands such as Modelo and Svedka, this move signals a potential shift in focus away from craft beer.
Many in the industry have speculated that this move signals the beginning of a larger trend, as more and more large corporations invest in craft beer, only to eventually exit the market. This creates an opportunity for smaller, independent breweries to carve out a larger slice of the market share.
The Return of the Original Owners
One of the most exciting developments to come out of this news is the announcement that the original owners of Funky Buddha and Four Corners will be reacquiring the breweries. This is welcome news for craft beer lovers who have missed the soul and personality that these breweries were once known for.
When the breweries were first purchased by Constellation Brands, many feared that they would lose the uniqueness and individuality that made them so special. But with the original owners returning to lead the charge, it is likely that we will see a return to the original vision that made these breweries so beloved in the first place.
The Future of Funky Buddha and Four Corners
As the original owners step back into their roles at these breweries, it is clear that they have big plans for the future. They have already announced the launch of new and innovative beers that are sure to excite craft beer enthusiasts all over the country.
One thing is certain – with the original owners back in control, Funky Buddha and Four Corners are sure to recapture the spirit and personality that made them so special in the first place. The craft beer industry is in for an exciting ride as these beloved breweries forge a new path forward.
