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Tag Archive: Charles Smith Wines

News Briefs for May 9, 2018

•As the 2018 harvest winds down in Australia, vintners are reporting a mostly uneventful vintage. Continue reading →

Posted in News on May 9, 2018

Innovation, Acquisitions Paying Off In Constellation’s Wine Portfolio

Last year, Constellation reloaded its domestic wine portfolio with two key acquisitions: the purchase of The Prisoner Wine Co. from Huneeus Vintners for $285 million and the addition of five brands from Charles Smith Wines for $120 million. Continue reading →

Posted in News on September 6, 2017

Charles Smith Debuts New Portfolio Company, Wines Of Substance

After selling a number of brands to Constellation last year in a $120-million deal, Charles Smith has rebranded his company as Wines of Substance. Continue reading →

Posted in News on August 9, 2017

Constellation Brands Posts 10% Sales Growth In Third Quarter, Operating Income Rises 19%

Constellation Brands maintained its streak of double-digit growth in its fiscal third quarter ended November 30, 2016, although momentum slowed slightly as the company’s spirits and wine division couldn’t keep pace with its formidable first-half results.  Continue reading →

Posted in News on January 5, 2017

Wine Spectator: More On Constellation’s Washington Wine Purchase

Yesterday, Constellation added to its burgeoning collection of premium wine brands, with an agreement to purchase five Washington brands from Charles Smith Wines for $120 million. Continue reading →

Posted in News on October 18, 2016

Constellation Strikes More Deals, Buying Charles Smith Brands And A Stake In Bardstown Bourbon, Selling Canada Wines

Continuing its run of aggressive dealmaking, Constellation Brands has sold its Canadian wine business to the Ontario Teachers’ Pension Plan for C$1.03 billion ($784m), while also acquiring five upscale wine brands from Washington-based Charles Smith Wines for $120 million. Continue reading →

Posted in News on October 17, 2016

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