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Tag Archive: Constellation

News Briefs for April 30, 2019

•Wente Family Estates has been named the U.S. importer for Argentina’s Bodega Cuarto Dominio. Continue reading →

Posted in News on April 30, 2019

Constellation Names Hanson President Of Wine And Spirits Unit

Former Constellation Brands board member Robert Hanson has been named executive vice president, and president of the company’s wine and spirits business, effective June 3. Continue reading →

Posted in News on April 26, 2019

Canopy Secures Future U.S. Footprint With Acreage Holdings Deal

Canadian cannabis juggernaut Canopy Growth has found an avenue into the U.S. recreational market with the announcement that it will acquire 20-state U.S. operator Acreage Holdings—pending U.S. federal legalization of cannabis. Continue reading →

Posted in News on April 23, 2019

News Briefs for April 17, 2019

•In case you missed this morning’s news alert, Pernod Ricard has added to its gin range, agreeing to acquire the Malfy brand from Biggar and Leith for an undisclosed sum. Continue reading →

Posted in News on April 17, 2019

Constellation Sales Rise 7% to $8.1 Billion In Fiscal Year, Driven By Beer Portfolio

Following yesterday’s announcement that Constellation has sold more than 30 lower-priced wine and spirits brands to E.&J. Gallo for $1.7 billion, Constellation has unveiled its results for the fiscal year through February. Continue reading →

Posted in News on April 4, 2019

Constellation Confirms Divestiture Plans

Last fall, reports surfaced that Constellation is mulling a sell-off of non-priority wine brands—including Clos du Bois, Cook’s, Arbor Mist, and Mark West—that could total $3 billion. Continue reading →

Posted in News on February 21, 2019

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