Constellation Brands is making another acquisition.
The Victor-based company is purchasing Florida-based Funky Buddha Brewery, which Constellation says is the fastest growing craft brewery in Florida.
Constellation says this purchase reinforces its strategy to lead the high-end beer segment in the U.S.
Funky Buddha Lounge & Brewery was founded in 2010 in Boca Raton by husband and wife, Ryan and Giani Sentz. It is South Florida’s largest craft microbrewery by size and volume.
Terms of the deal were not disclosed.