How did a tiny Illinois brewery acquire a craft beer icon once valued at $1 billion?
Fresh off a family trip to Rome, Chris Bradley sat down with Brendan Watters, his partner at Kings & Convicts, a little Illinois brewery. Anything happen, Bradley asked, during his vacation?That exchange occurred in a Chicago suburb this summer. Similar scenes played out across the U.S. last week, when Constellation Brands — Ballast Point’s current owner — and Kings & Convicts announced the deal. Really? How could an obscure two-year-old brewery from Highwood, Ill.
His resume includes an MBA from the London Business School; a directorship with Avanade, a joint venture of Microsoft and Accenture; 15 years as owner and CEO of a hotel firm, Boomerang, which he sold the Red Lion group for $8.4 million; and two years as vice president of Le Meridien hotels, overseeing that international chain’s corporate finance, purchases and sales.
Around that time, he met Bradley. The son of a British foreign service officer, Bradley was a former executive with Navman Wireless, a New Zealand purveyor of consumer GPS devices. He had nodding acquaintance with Watters, due to a personal tragedy.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Three Point Play: Inside Kevin Durant’s Multimillion-Dollar Basketball, Media and Investing EmpireThe NBA superstar has come to New York with three goals in mind: a return to dominance, a defining championship and a lasting business empire. They're all interconnected.
Read more »
Three Point Play: Inside Kevin Durant’s Multimillion-Dollar Basketball, Media and Investing EmpireThe ForbesUnder30 NBA superstar has come to New York with 3 goals in mind: a return to dominance, a defining championship, and a lasting business empire. They're all interconnected
Read more »
Three Point Play: Inside Kevin Durant’s Multimillion-Dollar Basketball, Media and Investing EmpireThe NBA superstar has come to New York with three goals in mind: a return to dominance, a defining championship and a lasting business empire. They're all interconnected.
Read more »
E.Coli Outbreaks in Lettuce Point to Gaps in Food SafetyE.coli outbreaks linked to romaine lettuce show how U.S. regulators continue to struggle with identifying which farms spark an outbreak and stopping it from spreading
Read more »
US futures point to slightly higher openU.S. stock index futures were mixed Wednesday morning, as investors wait to hear from the Federal Reserve.
Read more »
Nattie Neidhart & Sonya Deville's Maui Feud Reaches Its Boiling PointThe superstars' Hawaii vacation is in full swing in this clip from tonight's season finale. Unfortunately, so is this fight!
Read more »