Ballast Point sold for the second time in four years | Peter Rowe, Jennifer Van Grove

For the second time in four years, Ballast Point — a San Diego craft beer pioneer that became one of the areas’s largest breweries — has been sold. Kings & Convicts Brewing Co., a tiny Illinois firm, on Tuesday announced an agreement to buy Ballast Point from New York-based Constellations Brands, Inc. Terms of the sale were not disclosed, but includes Ballast Point’s four California brewpubs — at the main brewery in Miramar; Little Italy; Anaheim’s Downtown Disney; and Long Beach — plus one in Chicago.