USA: Constellation Brands sells Funky Buddha Brewery back to former owners

The founders of Funky Buddha Brewery—Ryan and KC Sentz—are reacquiring their Oakland Park, Florida-based business from Constellation Brands. Both the Sentzs and Constellation agreed on the deal effectiveJune 2023. The parties believe that it is now the ideal time for the original owners to reclaim control of the company and focus on beverage innovation, new consumer experiences, and additional product lines. Its flagship beer portfolio, including Floridian and Hop Gun, will remain available for distribution, and the founders are excited to introduce new products.

"Beverage innovation has always been our biggest strength, and Ryan and his team have some incredible ideas in the pipeline," said KC Sentz, Owner and Co-Founder of Funky Buddha Brewery. "As we approach our 10th anniversary, it seems like the perfect time for our business to evolve and reignite the community's passion for craft beverages."

From traditional styles to experimental ales, Funky Buddha makes beers that create an experience, celebrate being different, and always keep things funky. The brand was acquired by Constellation Brands in 2017 at an undisclosed sum (inside.beer, 10.08.2017), two years after the company made its first foray into craft beer with its purchase of Ballast Point Brewing in a USD 1 billion all cash deal.

In 2019, Constellation Brands offloaded Ballast Point to the relatively unknown company Kings & Convicts Brewing Co. at an undisclosed sum, marking a first shift in strategy.

"We enjoyed working with Constellation and we learned a lot from them. As we embark on the next chapter, we plan to push boundaries and create entirely new drinking experiences in beer and beyond," added Ryan Sentz, Owner and Co-Founder. "We'll be serving good vibes on tap for many years to come."

Funky Buddha Lounge & Brewery was founded in 2010 in Boca Raton by husband and wife Ryan and Giani Sentz. Ryan's brother KC and his wife Melissa joined the business as demand for their beers grew. Tired of the standard beer offerings, they took matters into their own brewhouse, whipping up unconventional-yet-exceptional ales. They are still Funkin' up the industry a decade later, crafting unique libations from the confines of their Oakland Park, Florida headquarters. Funky Buddha products are currently available at bars, restaurants, and retailers across the state.

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