Gallo Completes Mega-Deal, Buying More Than 30 Wine Brands From Constellation
January 6, 2021In case you missed yesterday’s news alert, E.&J. Gallo has completed its acquisition of more than 30 wine brands and five wineries from Constellation, with the final transaction registering at $810 million including earnouts. In a separate deal, Gallo has also acquired the Nobilo brand from New Zealand from Constellation for an additional $130 million. Here’s the full story.
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