Tag Archive: Constellation Brands
News Briefs for November 10, 2016
•Some of the drinks industry’s top companies have addressed their expectations for business conditions in the wake of the tumultuous U.S. presidential election. Continue reading →
Posted in News on November 10, 2016News Briefs for October 31, 2016
•Constellation Brands has agreed to purchase Grupo Modelo’s Obregon Brewery from Anheuser-Busch InBev (ABI) for $600 million. Continue reading →
Posted in News on October 31, 2016Bota Box Surges Past 4-Million-Case Mark As Premium Boxed Segment Thrives
Bota Box, the premium boxed wine that’s been an Impact “Hot Brand” for eight years running, appears headed for a ninth consecutive award amid its strong gains in 2016. Continue reading →
Posted in News on October 25, 2016Bardstown Bourbon Company Has Big Plans, With Constellation Along For The Ride
Bardstown Bourbon Co., the Kentucky distiller that recently took on Constellation as an investor, is planning to expand capacity from 1.5 million proof gallons (roughly 750,000 nine-liter cases) to 6 million proof gallons (3 million cases) looking ahead. Continue reading →
Posted in News on October 19, 2016Constellation 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, 2016Constellation Rides Beer, New Acquisitions To Double-Digit Sales Gain
Constellation Brands enjoyed a strong first half of its fiscal year, following up on the 15% net sales growth it achieved in the first quarter with a 17% sales increase in the second quarter. Continue reading →
Posted in News on October 5, 2016
