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Daily Archive: October 17, 2016

Constellation Strikes More Deals, Buying Charles Smith Brands And A Stake In Bardstown Bourbon, Selling Canada Wines

Continuing its run of aggressive dealmaking, Constellation Brands has sold its Canadian wine business to the Ontario Teachers’ Pension Plan for C$1.03 billion ($784m), while also acquiring five upscale wine brands from Washington-based Charles Smith Wines for $120 million. Continue reading →

Posted in News on October 17, 2016

U.S. Removes Limits On Travelers’ Cuban Rum And Cigar Purchases

As part of its renewal of relations with Cuba, the U.S. government has lifted restrictions on the dollar value of Cuban rum and cigars allowed to be brought back to the U.S. by travelers returning from other countries, including Cuba.

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Posted in News on October 17, 2016

News Briefs for October 17, 2016

•Angel’s Envy, part of the Bacardi portfolio, is introducing a limited edition cask strength whiskey finished in Port barrels to select markets. Continue reading →

Posted in News on October 17, 2016