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  • CATEGORIES
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Constellation Brands

All the posts published.
1 MIN READ

USA: Constellation Brands agrees deal to sell Svedka brand to Sazerac

December 6, 2024
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Alcoholic Drinks, Mergers & Acquisitions, North America

Leading alcoholic drinks company Constellation Brands has announced it has agreed to sell its Svedka vodka brand to peer Sazerac, with the deal expected to be completed in the next few months. Commenting on the move, Constellation Brands said its aim was to prioritise growing market sectors, with a focus on premium wine and craft spirits. “The actions we have taken over the past several years to reshape our wine …

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1 MIN READ

USA: New Belgium Brewing to acquire brewery from Constellation Brands

March 30, 2023
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Alcoholic Drinks, Manufacture & Distribution, North America

US craft brewer New Belgium Brewing has announced that the company has reached an agreement to purchase a manufacturing brewery in Daleville (VA) that is currently owned by Constellation Brands. In a press release, New Belgium Brewing claimed additional product capacity was needed to meet growing demand for its craft beer, which includes America’s number one IPA brand Voodoo Ranger. The agreement guarantees the employment of all plant employees, the company …

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1 MIN READ

USA: Constellation Brands divests a portion of its wine brands

October 13, 2022
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Alcoholic Drinks, Mergers & Acquisitions, North America

Constellation Brands, the leading international beer, wine and spirits firm, has announced that it is divesting part of its mainstream premium wine brands to The Wine Group. According to a company press release, the decision to sell most of its popular and mainstream premium wine portfolio to The Wine Group, including the brands Cooper & Thief, Crafters Union, The Dreaming Tree, Monkey Bay, 7 Moons, and Charles Smith Wines, is …

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1 MIN READ

USA: Constellation Brands buys remaining stake in Austin Cocktails

April 19, 2022
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Alcoholic Drinks, Mergers & Acquisitions, North America

Constellation Brands, a leading beverage alcohol company has acquired the remaining interest in ready-to-drink cocktail company, Austin Cocktails, from Austin, Texas. The female-founded Austin Cocktails is said to be rapidly growing and to be famous for its premium, award-winning bottled and canned craft cocktails. According to sources, Constellation Brands’ investment in Austin Cocktails started back in 2018 as part of Constellation Ventures’ Focus on Female Founders initiative and reinforces the …

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1 MIN READ

USA: Constellation Brands to partner with Coca-Cola to launch alcoholic beverage

January 6, 2022
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Alcoholic Drinks, Mergers & Acquisitions, North America

Leading beverage alcohol company Constellation Brands has entered into an agreement with The Coca-Cola Company in the United States to bring the Fresca brand into the beverage alcohol sector. The partnership will launch a new product this year, the new Fresca Mix, a distinctive line of spirit-based, ready-to-drink cocktails. “The Coca-Cola Company’s FRESCA® brand is not only trusted by consumers, but also directly delivers on consumer preferences for refreshment, flavor, …

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1 MIN READ

Mexico: Constellation Brands to build a brewery in Mexico

December 10, 2021
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Alcoholic Drinks, Latin America, Manufacture & Distribution

Constellation Brands, the leading international beer, wine and spirits firm, has announced plans to build a brewery in southeastern Mexico with an estimated cost of $1.3 billion. The announcement comes two years after the closure of a nearly completed $1.4 billion plant in the city of Mexicali near the US-Mexico border after residents voted against the project. According to sources, the announcement of the new brewery is expected to be …

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1 MIN READ

USA: Constellation Brands acquires stake in Durham Distillery

September 2, 2019
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Alcoholic Drinks, Mergers & Acquisitions, North America

US-based alcoholic drinks firm Constellation Brands has announced it has acquired a minority stake in Durham Distillery, a craft gin, vodka, liqueur and ready-to-drink canned cocktail producer located in Durham, NC, USA. The Durham Distillery product line includes Conniption Navy Strength Gin and Conniption American Dry Gin, Damn Fine Liqueurs (Chocolate, Mocha and Coffee), Cold Distilled Cucumber Vodka, and ready-to-drink canned cocktails (Conniption Gin & Tonic, Cucumber Vodka & Soda, …

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1 MIN READ

USA: Constellation Brands to sell Black Velvet whisky to Heaven Hill

August 14, 2019
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Alcoholic Drinks, Mergers & Acquisitions, North America

Constellation Brands, the leading wine and spirits ompan company, has announced an agreement to sell its Black Velvet Canadian whisky brand to the distiller Heaven Hill for approximately $266 million. The firm said the sale formed part ot its “wine and spirits business transformation strategy”, including a focus on premium brands. The deal, which also includes a facility in Lethbridge, Canada and other brands associated with Black Velvet, is expected to be closed in the …

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1 MIN READ

USA: Constellation Brands makes investment in Montanya Distillers

July 26, 2019
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Alcoholic Drinks, Mergers & Acquisitions, North America

US-based alcoholic drinks firm Constellation Brands has announced it has acquired a minority stake in Montanya Distillers, a US rum firm, for an undisclosed sum. Montanya Distillers was originally founded in Silverton, CO in 2008 by Karen and Brice Hoskin and markets the Montanya Platino, Montanya Oro, Montanya Exclusiva, and Montanya Aniversaria range of rum. Montanya Distillers sells its rums in over 40 states and 7 countries around the world, …

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1 MIN READ

USA: Constellation Brands takes majority stake in Nelson’s Green Brier

May 7, 2019
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Alcoholic Drinks, Mergers & Acquisitions, North America

Constellation Brands, the wine and spirits firm, has announced it has acquired a majority stake in Nelson’s Green Brier Distillery, a craft whiskey firm. Co-founded by brothers Andy and Charlie Nelson, Nelson’s Green Brier Distillery produces a variety of whiskeys under the Belle Meade Bourbon brand and is set to release a Tennessee whiskey later this year. Constellation Brands said it had initially acquired in minority stake in the whiskey …

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1 MIN READ

USA: Constellation Brands takes minority stake in mezcal firm El Silencio

April 23, 2019
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Alcoholic Drinks, Mergers & Acquisitions, North America

Constellation Brands, the US wine and spirits firm, has announced it has taken a minority stake in Los Angeles-based mezcal firm El Silencio via its venture capital arm for an undisclosed sum. Available in the varieties Ensamble and Espadin, El Silencio is described as being made using “meticulously picked agaves” which are “roasted, crushed, and double distilled resulting in a full-bodied flavour”. The product is manufactured in Oaxaca, Mexico and …

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1 MIN READ

USA: Constellation Brands acquires Four Corners Brewing

July 12, 2018
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Alcoholic Drinks, Mergers & Acquisitions, North America

US-based alcoholic drinks firm Constellation Brands has announced the acquisition of Four Corners Brewing, a Texan craft brewery founded in 2012, for an undisclosed sum. The craft beer brand will join California’s Ballast Point Brewing and Florida’s Funky Buddha Brewery within Constellation’s Craft and Speciality beer group. Four Corners flagship brands are Local Buzz Honey-Rye Golden Ale and El Chingon IPA. The firm is described as brewing “an entire portfolio …

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1 MIN READ

USA: Constellation Brands launches Svedka RTD cocktails

July 3, 2018
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Alcoholic Drinks, North America, Products

Constellation Brands, the leading international beer, wine and spirits firm, has announced the launch of the first ever ready-to-drink  product line under its Svedka vodka brand. Described as a cocktail-inspired malt-based beverage infused with blends of natural fruit and botanical flavours, Svedka Spiked Premium Seltzer is said to contain 100 calories,  3.5g sugar and 4.5% abv per can and is available in three flavours: Tangerine Hibiscus, Strawberry Elderflower and Cucumber …

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1 MIN READ

Mexico: Constellation Brands to increase capacity at Obregon brewery

March 21, 2018
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Alcoholic Drinks, Latin America, Manufacture & Distribution

Constellation Brands, the US-based alcoholic drinks firm, is to invest $900 million to upgrade capacity at its Obregon brewery in Mexico, according to a report in Just Drinks. Constellation Brands bought the plant from AB InBev subsidiary Grupo Modelo at the end of 2016 with the aim of enhancing its ability to serve its largest beer markets in the western USA. The investment at the Obregon site is set to …

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1 MIN READ

USA: Constellation Brands takes majority stake in Copper & Kings

January 11, 2018
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Alcoholic Drinks, Mergers & Acquisitions, North America

Constellation Brands, the leading wine, beer and spirits firm, has announced that it is taking a majority stake in US-based craft distiller Copper & Kings. Based in Louisville, KY, Copper & Kings produces a  range of “untraditional, non-derivative” spirits including apple and grape brandies, absinthe, gin and liqueurs that are said to be non-chill filtered with no added colours, flavours or synthetic chemicals. In a statement, Constellation Brands said: “The collaboration …

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1 MIN READ

USA: Constellation Brands acquires Funky Buddha

August 14, 2017
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Alcoholic Drinks, Mergers & Acquisitions, North America

Constellation Brands, the leading wine, beer and spirits firm, has announced the acquisition of Florida-based craft brewer Funky Buddha. Funky Buddha is described as the fastest growing craft brewery in Florida, with brands including Floridian Hefeweizen and Hop Gun IPA.  The firm’s 54,000 sq ft brewery has a capacity of 45,000 BBLs, and is said to be South Florida’s largest craft microbrewery by size and volume. Funky Buddha will join Constellation Brands’ Craft & …

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1 MIN READ

USA: Constellation Brands to buy brewing facility for $600 milllion

November 8, 2016
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Alcoholic Drinks, North America

Constellation Brands, the US alcoholic drinks firm, has agreed to a deal to buy a brewing facility from Grupo Modelo, an Anheuser-Busch InBev subsidiary, at a cost of $600 million. The Mexican facility, located in Obregon will come under the control of Constellation once the deal has been completed. The company plans on increasing the plant’s capacity from 4 million hectolitres to 20 million, with the first 5 million hectolitres …

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1 MIN READ

Canada: Constellation Brands Canada acquired by Ontario Teachers’ Pension Plan

October 19, 2016
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Alcoholic Drinks, Mergers & Acquisitions, North America

The Canadian wine business of US-based international beer, wine and spirits producer and distributor Constellation Brands is to be acquired by institutional investor Ontario Teachers’ Pension Plan for approximately C$1.03 billion ($782.5 million). Operating in the US, Canada, Mexico, New Zealand and Italy, Constellation Brands is described as the market leader in Canada with almost three times the market share of its second competitor and 7 of the top 20 …

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1 MIN READ

Canada: Constellation Brands acquires The Prisoner Wine

April 11, 2016
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Alcoholic Drinks, Mergers & Acquisitions, North America

US wine firm Constellation Brands has announced that it has reached an agreement to acquire The Prisoner Wine Company from Huneeus Vintners. Constellation Brands described The Prisoner Wine as a fast-growing, super-luxury portfolio of five highly rated wine brands that had grown volumes at an annual rate of 30% over the last three years to reach 175,000 cases in 2015. The deal is said to be worth C$285 million ($219 …

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1 MIN READ

Mexico: Constellation Brands to build 10 million hectolitre brewery

January 14, 2016
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Alcoholic Drinks, Latin America, Manufacture & Distribution

Alcoholic drinks manufacturer Constellation Brands has announced that it is investing in a new 10 million hectolitre brewery in Mexico in addition to an expansion of its Nava brewery business. The new brewery will be built in Mexicali, Mexico with the intention of being close to the US state of California, the company’s largest beer market. The facility is expected to scale production capacity to 20 million hectolitres in the …

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1 MIN READ

USA: Costellation Brands to buy Ballast Point Brewing & Spirits

November 20, 2015
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Alcoholic Drinks, Mergers & Acquisitions, North America

Leading alcoholic drinks firm Costellation Brands is looking to expand in the fast-growing craft beer market by announcing it will buy Ballast Point Brewing & Spirits for $1 billion. Ballast Point is a San Diego based company with 500 employees producing more than 40 different types of beer, led by its Sculpin IPA and Grapefruit Sculpin IPA brands,  in addition to various labels of spirits. The partnership with Ballast Point …

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2 MIN READ

Vodka gets a sour and spicy kick

January 30, 2015
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Innovations

The latest innovation insight from Gama Compass™ MANCHESTER – 30th January 2015: Further highlighting the growth of bold and challenging taste experiences in FMCG products, this week Gama shines a torch on the latest flavour to be added to the Svedka Swedish vodka line – Svedka Grapefruit Jalapeno Vodka. Due to be launched in the US by Constellation Brands, Svedka Grapefruit Jalapeno Vodka is looking to appeal to consumers with …

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