Constellation Brands offloads Canadian whisky brand Black Velvet for US$266m

USA – Constellation Brands has entered into an agreement to sell Black Velvet Canadian Whisky to US distilled spirits supplier Heaven Hill Brands for approximately US$266 million. The transaction, which is subject to regulatory approvals, […]

Constellation acquires minority stake in rum maker Montanya Distillers

USA – Constellation Brands, through its investment venture initiative Focus on Female Founders has acquired a minority stake in Colorado-based craft rum maker Montanya Distillers. Focus on Female Founders program was launched last year with […]

Constellation Brands buys majority stake in whisky maker Nelson’s Green

USA – Constellation Brands has announced that it has acquired majority stake in Tennessee whisky producer Nelson’s Green Brier™ Distillery through its venture capital group. The investment, whose price has not been disclosed marks the […]

Constellation Brands’ Corona and Modelo beers help push net sales 7% higher

USA – Wine and spirits company, Constellation Brands has recorded 7% increase in in net sales to US$8.12 billion for the year ended 28 February, boosted by its Corona and Modelo beer brands. The beers […]

Constellation to sell 30 wine and spirits brands to Gallo for US$1.7b

USA – Corona beer maker, Constellation Brands has announced that it has agreed to sell about 30 brands from its wine and spirits portfolio to E. & J. Gallo Winery for US$1.7 billion. The transaction […]

Constellation Brands expands Modelo range with new ready-to-drink Chelada

USA – Constellation Brands has launched new ready-to-drink Chelada, Modelo Chelada Limón y Sal, expanding its Modelo beer brand in the United States. The new addition is made with Mexican beer and the refreshing natural […]

Constellation Brands acquires minority stake in US distillery Black Button

USA – The American beer, wine and spirits company, Constellation Brands has acquired a minority stake in craft spirits maker Black Button Distilling for an undisclosed sum. The investment was made through Constellation Ventures which […]

Coca-Cola in talks with cannabis-infused beverages company Aurora Cannabis

USA – The Coca-Cola Company, the global manufacturer for non-alcoholic beverages, is in “serious talks” with Aurora Cannabis Inc. to develop cannabis-infused beverages, a move that would signal a significant foray into the marijuana sector. […]

Constellation Brands acquires 38% ownership of cannabis producer Canopy Growth

USA – Constellation Brands, a leading beverage alcohol company, has announced that it has acquired 38% ownership of Canopy Growth Corporation, a leading diversified cannabis company. The companies also announced a significant expansion of their […]