Tag Archive: Charles Smith Wines
The Wine Group Introduces New CEO, Adds 1 Million Cases Via CBrands Deal
Yesterday, Constellation Brands announced a deal to sell six mainstream and premium wine brands to The Wine Group for an undisclosed sum. Continue reading →
Posted in News on October 7, 2022News Alert: Constellation To Sell Six Brands To The Wine Group
Constellation Brands has agreed to divest a portion of its mainstream and premium portfolio to The Wine Group in a deal expected to close later today. Continue reading →
Posted in News on October 6, 2022News Briefs for May 9, 2018
•As the 2018 harvest winds down in Australia, vintners are reporting a mostly uneventful vintage. Continue reading →
Posted in News on May 9, 2018Innovation, Acquisitions Paying Off In Constellation’s Wine Portfolio
Last year, Constellation reloaded its domestic wine portfolio with two key acquisitions: the purchase of The Prisoner Wine Co. from Huneeus Vintners for $285 million and the addition of five brands from Charles Smith Wines for $120 million. Continue reading →
Posted in News on September 6, 2017Charles Smith Debuts New Portfolio Company, Wines Of Substance
After selling a number of brands to Constellation last year in a $120-million deal, Charles Smith has rebranded his company as Wines of Substance. Continue reading →
Posted in News on August 9, 2017Constellation Brands Posts 10% Sales Growth In Third Quarter, Operating Income Rises 19%
Constellation Brands maintained its streak of double-digit growth in its fiscal third quarter ended November 30, 2016, although momentum slowed slightly as the company’s spirits and wine division couldn’t keep pace with its formidable first-half results. Continue reading →
Posted in News on January 5, 2017