Boca-born Funky Buddha Brewery sells to Corona parent company 


Funky Buddha, the beloved Boca Raton-founded brewery that set off the county’s current local craft beer wave, has been sold to the Fortune 500 company that owns Corona Extra, Corona Light, Modelo Negra, Robert Mondavi, Kim Crawford and other mega beverage brands. 

Funky Buddha’s sale was announced Thursday by beverage giant Constellation Brands, though terms of the deal were not made public.  

The boutique, family-owned brewery, which expanded dramatically four years ago when it opened a full-fledged production facility in Oakland Park, is best known for its foodie-inspired beers. Microbrews such as Funky Buddha’s special-release Maple Bacon Coffee Porter have helped make it the state’s fastest growing craft brewery.  

The brewery’s purchase by Constellation Brands, the third largest beer company in the country, will land Funky Buddha on the company’s Craft and Specialty Beer Group. It’s a huge leap for a local beer brand born seven years ago as Funky Buddha Lounge and Brewery, the brainchild of husband-wife team Ryan and Giani Sentz (who were later joined in the business by Ryan’s brother and sister-in-law KC and Melissa Sentz).  

What began as a tiny, family enterprise grew to become South Florida’s largest microbrewery. Funky Buddha’s Oakland Park tap room is Florida’s busiest, per statewide beer sales.  

For Ryan Sentz, the deal offered his award-winning brewery “the greatest” opportunity to develop and grow.  

“Constellation and Funky Buddha share a lot of the same ideals and passion for philanthropy, entrepreneurship and the art of craft beer,” Sentz, Funky Buddha’s president and head brewer, said via news release. “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.”  

The purchase will not wipe out Funky Buddha’s staff, according to the statement. The brewery’s employees will remain and the Sentz brothers will continue to command daily operations.  

“Funky Buddha’s standard of brewing will remain unchanged, delivering the same culinary-style, creative beer consumers and craft beer enthusiasts celebrate today,” said the Constellation Brands release.  

Paul Hetterich, Constellation’s beer division executive vice president, praised Funky Buddha’s “culture of bold creativity, innovation and entrepreneurship.” 


FUNKY BUDDHA 

 

 


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