News
Aug 2008 Issue of Wine Business Monthly
Constellation Sells Assets to New Venture Out of consolidation comes big opportunity: Constellation Brands announced the sale of eight wine estates in a complex deal that creates a new private wine company that will launch with annual production exceeding one million cases. That new company will be backed by an equity firm while one of the nation's most prominent wine marketing companies will have a stake. For its part, Constellation Brands said the $234 million deal eliminates ...
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