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Tag Archive: Constellation Brands

Exclusive: Svedka Launches First National Ad Campaign In Five Years

Amid highly competitive conditions in the vodka category, Constellation Brands is backing Svedka—the fourth-largest vodka in the U.S. at 4.4 million cases—with a new “Bring Your Own Spirit” campaign. Continue reading →

Posted in News on November 19, 2018

Craft Brewing and Distilling News for November 12, 2018

•Baltimore, Maryland-based Heavy Seas Beer will launch a Triple IPA, the first release in its small-batch program, in December. Continue reading →

Posted in News on November 12, 2018

Constellation Gains Approval For $4 Billion Cannabis Investment

Constellation Brands’ previously announced $4 billion investment in Canadian cannabis producer Canopy Growth has closed, after gaining shareholder and Canadian government approval. Continue reading →

Posted in News on November 2, 2018

Report: Constellation Considering Sale Of Wine Brands Totaling Up To $3 Billion

With its beer business booming and its wine portfolio making a move toward higher price points, Constellation Brands is reportedly considering offloading a number of wine brands in a sale valued at up to $3 billion. Continue reading →

Posted in News on October 23, 2018

Interview: Constellation’s Incoming CEO, Bill Newlands, Speaks On The Opportunities Ahead

In a major move late yesterday, Constellation Brands announced that its current president and COO, Bill Newlands, will take over chief executive duties from Rob Sands, effective next March, with Sands becoming executive chairman. With the transition, Newlands will become the first Constellation CEO from outside the Sands family. He takes the helm during a heady time for Constellation, which has seen its market value rise from $6.3 billion in 2012 to $43 billion today, following a string of acquisitions across the wine, spirits, and beer businesses. Most recently, Constellation made another bold move with its $4 billion investment in Canadian cannabis producer Canopy Growth. SND managing editor Daniel Marsteller caught up with Newlands to discuss his new appointment and the future of Constellation. Continue reading →

Posted in News on October 18, 2018

News Alert: Bill Newlands To Replace Rob Sands As Constellation’s CEO

In a major move, Constellation Brands has announced that it will name Bill Newlands as CEO, replacing Rob Sands, effective March 1. Continue reading →

Posted in News on October 17, 2018

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