3 ms·
> Why the hell would you buy a company and then screw it up? In the case of Ballast Point, all Constellation Brands had to do was leave the bought company alone
by ninth_ant 3y ago
> Why the hell would you buy a company and then screw it up? In the case of Ballast Point, all Constellation Brands had to do was leave the bought company alone.
It would almost never make economic sense to buy a business and then leave it alone. The profitability of the current operation would be factored into the price, so leaving it alone means you're just wasting money buying it. There are obviously exceptions to this but that should be the general rule.
No, you buy a company to make changes. Perhaps you intend to find synergies to cut costs or expand distribution -- or other ways to increase profits that the current management isn't doing. Obviously they wouldn't intend to screw it up, but I'm sorry that your beloved brewery was a victim to corporate shenanigans.