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Tag Archive: Constellation Brands

News Briefs for November 3, 2017

•Workers for New York wholesaler Empire Merchants have begun a strike, and the company says that “As a result, we are working on a modified basis and are unable to take orders at this time.” Continue reading →

Posted in News on November 3, 2017

A Year After Constellation Purchase, High West Shows Major Growth

A year ago, Constellation acquired Park City, Utah–based craft distiller High West for an estimated $160 million. Continue reading →

Posted in News on October 31, 2017

Constellation Moves Into Marijuana With $191M Stake In Canada’s Canopy Growth

Constellation became the first major drinks marketer to make a play in the cannabis category over the weekend, agreeing to take a 9.9% stake in Canada-based cannabis company Canopy Growth Corp. for about $191 million. Continue reading →

Posted in News on October 30, 2017

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

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