Canada: Constellation Brands Canada acquired by Ontario Teachers’ Pension Plan
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 […]
Canada: Constellation Brands acquires The Prisoner Wine
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 […]
Mexico: Constellation Brands to build 10 million hectolitre brewery
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 […]
USA: Costellation Brands to buy Ballast Point Brewing & Spirits
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 […]
Vodka gets a sour and spicy kick
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 […]