Tag Archive: wine
Laurent Perrier’s Owners Said To Be Exploring Stake Sale
The owners of Laurent-Perrier, one of the world’s biggest Champagne suppliers, are considering a stake sale, according to Bloomberg. Continue reading →
Posted in News on October 31, 2016Wine Spectator’s New York Wine Experience Concludes With Mel Dick Receiving Top Award
Wine Spectator’s 2016 New York Wine Experience capped off on Saturday night with industry icon Mel Dick receiving the Distinguished Service Award at the Grand Banquet. Continue reading →
Posted in News on October 24, 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, 2016Treasury Fights Back In Court Against Ste. Michelle’s Suit On “The Stag”
One month after Ste. Michelle Wine Estates filed suit over Treasury Wine Estates’ recently launched The Stag brand, TWE has fired back in court. Continue reading →
Posted in News on October 7, 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, 2016Wine Spectator: Lumber Liquidators Founder Looks to Bordeaux, Purchasing Château du Parc
An American businessman has purchased a Bordeaux château and is in negotiations to acquire four others. Continue reading →
Posted in News on October 3, 2016
