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Constellation Brands acquires Funky Buddha Brewery

Published 14 August 2017

Constellation Brands has strengthened its position in the high-end beer segment in the US by acquiring Florida-based Funky Buddha Brewery.

Financial details about the acquisition have not been disclosed.

Funky Buddha, which was established in 2010, produces bold craft beers made with high quality ingredients.

It will join Constellation Brands’ Craft & Specialty Beer Group in the beer division.

The craft brewery was started by husband and wife Ryan and Giani Sentz. In 2013, the Sentz family started the Funky Buddha Brewery in Oakland Park’s burgeoning Culinary Arts District.

The brewery is spread across 54,000 ft2 and has a capacity of 45,000 BBLs and is considered to be South Florida’s largest craft microbrewery by size and volume.

Employees from both Constellation Brands and Funky Buddha will continue to work together with Ryan Sentz. Constellation stated that Funky Buddha’s brewing standards will remain unchanged and will cater to the needs of craft beer enthusiasts in the country.

Funky Buddha president and head brewer Ryan Sentz said: “We chose to partner with Constellation because we saw an alignment in vision and felt they gave us the greatest opportunity for growth and development.

“Constellation and Funky Buddha share a lot of the same ideals and passion for philanthropy, entrepreneurship and the art of craft beer. At the end of the day, we just really like the people we have met within the organization, each of whom share our dedication to making outstanding beer.”

Constellation Brands executive vice president and beer division president Paul Hetterich said: “Adding a fantastic regional brand such as Funky Buddha to our craft beer portfolio, along with Ballast Point, advances our strategy in continuing to lead the high-end beer segment. The Sentz family has created a culture of bold creativity, innovation and entrepreneurship.

“Those qualities, combined with our beer division’s market reach, distributor partnerships, consumer insights, and our craft expertise within Ballast Point, will help nurture and develop Funky Buddha’s distinctive brand.”

Image: Funky Buddha acquired by Constellation Brands. Photo: Courtesy of Funky Buddha Brewery.