Definition of carabiner : a usually D-shaped or oblong metal ring with one spring-hinged side that is used especially in mountain climbing as a connector and to hold a freely running rope new!
By Adam Hayes, CFA | November 17, 2015 â 7:49 AM EST. San Diego, California based Ballast Point Brewing Company was just bought by international beverage conglomerate Constellation Brands Inc. (STZ) for $1 billion, marking the largest craft brewery acquisition to date. Ballast Point is a brewery founded in 1996, and best known for its craft ales.
It was founded by William Coffin Coleman, who began selling gasoline pressure lamps in 1900 in Kingfisher, Oklahoma. He moved to Wichita, Kansas, in 1902. Coleman is currently owned by Jarden Corporation. In January 2005, Jarden acquired American Household, Inc, for approximately $845 million. The corporation owned the Coleman Company, and Sunbeam Products, Inc. Brands acquired as part of this acquisition included Coleman, First Alert, Sunbeam, Mr. Coffee, and Oster. For background, in March 1998, Sunbeam Corporation acquired The Coleman Company, Inc. and Coleman Powermate. In December 2002, Sunbeam Corporation filed Chapter 11 bankruptcy and canceled its common stock.