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Tag Archive: Robert Mondavi

Constellation Sharpens Focus On Core Wine And Spirits Brands

With its pending $1.7 billion sale of 34 lower-end wine and spirits brands to E.&J. Gallo slated to close by the end of February, Constellation Brands has refocused its wine and spirits portfolio around a core of premium and above labels. Continue reading →

Posted in News on October 9, 2019

Early Release Of TWE Results Spurs Expectations Of Deal Making

After Treasury Wine Estates moved up its half-year earnings announcement by two weeks, there’s increasing anticipation that the company is poised to make a significant acquisition. Continue reading →

Posted in News on February 2, 2018

Burgeoning Beer Business Drives Constellation To 7% Growth Year-To-Date

Constellation has posted an organic sales increase of 7% to $5.77 billion for the nine months through November, marking the first three quarters of its fiscal year. Continue reading →

Posted in News on January 5, 2018

Treasury Linked To Potential Bid For Robert Mondavi

Treasury Wine Estates (TWE) is said to be interested in buying Napa’s iconic Robert Mondavi Wines from Constellation Brands. Continue reading →

Posted in News on October 9, 2017

News Briefs for August 28, 2017

•Treasury Wine Estates has agreed to pay A$49 million ($39m) to settle a class-action lawsuit related to an A$160 million ($127m) writedown of its U.S. business in 2013, which included the destruction of millions of bottles of excess wine. Continue reading →

Posted in News on August 28, 2017

News Briefs for March 16, 2017

•Taiwanese whisky distiller Kavalan is expanding with a series of Sherry and Port cask-matured single malt whiskies. Continue reading →

Posted in News on March 16, 2017

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