Constellation Brands (STZ) Takes Minority Stake in Bardstown Bourbon Company
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Constellation Brands (STZ) Sells Canadian Wine Operating Unit in C$1.03B Deal
October 17, 2016 8:18 AM EDTOntario Teachers' Pension Plan (Ontario Teachers') announced the acquisition of Constellation Brands Canada, the Canadian operation of Constellation Brands, for approximately $1.03 billion (CDN). The transaction is expected to close before the end of the calendar year.
Constellation Brands is a publicly traded, international producer and marketer of beer, wine and spirits with operations in the U.S., Canada, Mexico, New Zealand and Italy. The Canadian wine business of... More
Constellation Brands (STZ) to Acquire Charles Smith Wines in ~$120M Deal
October 17, 2016 7:59 AM EDTConstellation Brands (NYSE: STZ) announced an agreement with Charles Smith Wines LLC to acquire the Charles Smith Wines collection of five super and ultra premium wines for approximately $120 million. The transaction, expected to close in October, includes Kung Fu Girl Riesling, Velvet Devil Merlot, Boom Boom! Syrah, Eve Chardonnay and Chateau Smith Cabernet Sauvignon. With this acquisition, Constellation Brands will solidify its position as the second leading supplier of Washington State wines, gaining a collection of high quality wines that have strong consumer affinity and demand, and have shown double-digit volume growth over... More
