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Tag Archive: Constellation Brands

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

Champagne Palmer To Play Key Role In Constellation’s Luxury Wine Division

In July of this year, Champagne Palmer named Constellation Brands as its U.S. distributor, and joined Constellation’s luxury wine division Tru Estates and Vineyards. Continue reading →

Posted in News on October 16, 2018

As Their Mainstream Brands Struggle, Beer Wholesalers Turn To Spirits And Wine

Earlier this year, Constellation Brands made news with its move to transition its wine and spirits brands from Young’s Market Co. to Columbia Distributing in the Pacific Northwest.  Continue reading →

Posted in News on September 26, 2018

Craft Brewing and Distilling News for August 28, 2018

•Constellation Brands craft player Ballast Point Brewing has launched White Wine Barrel-aged Sour Wench, the first release in the Trade Street Collection. Continue reading →

Posted in News on August 28, 2018

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