Tag Archive: Constellation Brands
Exclusive: Constellation, In Bidding War, Acquires High West Distillery For An Astounding Price We Estimate At Over $150 Million
Moët Hennessy and Pernod Ricard Kept Upping Their Bids, But To No Avail
Posted in News on October 4, 2016Constellation Puts Canadian Wine Business On Block, Eyeing More Than $1 Billion
Constellation Brands has put its Canadian wine business on the block, and it’s likely to fetch more than $1 billion, according to the Wall Street Journal, which added that Constellation had already received several offers for the business. Continue reading →
Posted in News on October 3, 2016News Briefs for September 6, 2016
•Pernod Ricard is introducing a new permanent expression in its single pot still Irish whiskey range, Redbreast Lustau Edition. Continue reading →
Posted in News on September 6, 2016News Briefs for September 2, 2016
•Following yesterday’s announcement that retailers Total Wine & More and BevMax will reverse course and stop marketing spirits prices below the state-mandated minimum in Connecticut, Total Wine noted in a statement that its compromise arrangement with the state’s Department of Consumer Protection (DCP) “made no admission of wrongdoing or liability, and DCP didn’t find there to be any wrongdoing or liability on Total Wine & More’s part.” Continue reading →
Posted in News on September 2, 2016News Briefs for August 26, 2016
•Indiana beer and wine wholesaler Monarch Beverage has won a round in its ongoing battle to secure a spirits distribution license for affiliated company Spirited Sales LLC. Continue reading →
Posted in News on August 26, 2016Constellation’s Sales Jump 15% In First Quarter, Driven By Modelo And New Additions
Constellation Brands started off strong in its fiscal 2017, achieving double-digit growth in net sales and operating income. Continue reading →
Posted in News on June 30, 2016