USA: Constellation Brands to sell Black Velvet whisky to Heaven Hill
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, […]
USA: Constellation Brands makes investment in Montanya Distillers
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. […]
USA: Constellation Brands takes majority stake in Nelson’s Green Brier
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 […]
USA: Constellation Brands takes minority stake in mezcal firm El Silencio
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 […]
USA: Constellation Brands acquires Four Corners Brewing
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 […]
USA: Constellation Brands launches Svedka RTD cocktails
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% […]
Mexico: Constellation Brands to increase capacity at Obregon brewery
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 […]
USA: Constellation Brands takes majority stake in Copper & Kings
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 […]
USA: Constellation Brands acquires Funky Buddha
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 […]
USA: Constellation Brands to buy brewing facility for $600 milllion
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 […]