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Tag Archive: Constellation Brands

Treasury Linked To Potential Bid For Robert Mondavi

Treasury Wine Estates (TWE) is said to be interested in buying Napa’s iconic Robert Mondavi Wines from Constellation Brands. Continue reading →

Posted in News on October 9, 2017

Craft Brewing and Distilling News for October 6, 2017

•Constellation Brands’ Ballast Point Brewing will launch its newest beer, Fathom IPA, on October 9. Continue reading →

Posted in News on October 6, 2017

Constellation’s Sales Rise 7% To $4 Billion In Fiscal First Half

Constellation Brands’ net sales rose 7% to $4 billion in the company’s fiscal first half ended in August, as operating income grew by 10% to $1.3 billion. Continue reading →

Posted in News on October 5, 2017

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

News Briefs for September 1, 2017

•The Macallan, part of the Edrington portfolio, has unveiled Edition No. 3, the latest expression in its annual Edition Series. Continue reading →

Posted in News on September 1, 2017

News Briefs for August 28, 2017

•Treasury Wine Estates has agreed to pay A$49 million ($39m) to settle a class-action lawsuit related to an A$160 million ($127m) writedown of its U.S. business in 2013, which included the destruction of millions of bottles of excess wine. Continue reading →

Posted in News on August 28, 2017

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