Tag Archive: Corona
News Briefs for February 24, 2014
•Florida-based Imperial Brands, known for its Sobieski vodka brand, has assumed sales responsibility in the U.S. and Canada for Sammy Hagar’s Sammy’s Beach Bar Rum ($21.99 a 750-ml.) under a new agreement that took effect February 1. Continue reading →
Posted in News on February 24, 2014Constellation Toasts Double-Digit Beer Growth In Third Quarter, Wine And Spirits Up 3%
Strong growth at its newly consolidated Crown Imports beer business drove a sharp rise in net sales for Constellation in the three months through November, representing the company’s fiscal third quarter. Continue reading →
Posted in News on January 8, 2014News Briefs for April 5, 2013
•Anheuser-Busch InBev (ABI) is reportedly nearing a settlement with the U.S. Department of Justice (DOJ) regarding its plan to purchase the 50% of Grupo Modelo it doesn’t yet own. Continue reading →
Posted in News on April 5, 2013ABI Pays $20B For Remaining 50% Modelo Stake, As Constellation Makes Deal To Retain U.S. Rights
Anheuser-Busch InBev (ABI) has agreed to acquire the 50% stake in Mexico’s Grupo Modelo that it doesn’t already own, in a $20 billion deal that creates a global brewing colossus with annual beer sales of around 400 million cases and nearly $50 billion in yearly revenue. Continue reading →
Posted in News on June 29, 2012News Briefs for November 18, 2011
•Diageo’s global distribution pact with Jose Cuervo Tequila expires in just over 18 months, and CEO Paul Walsh says renewal will require some changes to the deal. Continue reading →
Posted in News on November 18, 2011News Briefs for June 8, 2011
•After selling its Widmer winery to Hazlitt 1852 Vineyards last year, Constellation has made a $16.5 million investment to expand production at its Canandaigua winery and create a new warehouse and distribution center nearby, which will become one of the company’s North American distribution hubs. Continue reading →
Posted in News on June 8, 2011
