Constellation Brands has acquired a minority stake in rum brand The Real McCoy, and will handle distribution for the brand throughout the United States, and provide assistance with marketing and operations.

Constellation Brands has announced the development of cannabis-based beverages after agreeing the acquisition of a minority stake in cannabis producer Canopy Growth Corporation.

Constellation buys and sells

18 October, 2016

Constellation Brands has announced the sale of its Canadian wine business and is buying Charles Smith Wines, High West Distillery and a minority stake in Bardstown Bourbon Company.

Constellation Wines Australia and Europe has been renamed Accolade Wines following the completed acquisition of an 80% share in the company by Australian equity group Champ.

Constellation Brands, hitherto, the world's leading wine company, has announced that it has sold its Australian and UK business, (Constellation Wines Australia and Europe, CWAE), to CHAMP, an Australian private equity group.

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Joe Bates

A mixed bag looking ahead

There is a refreshing sense of optimism surrounding the travel retail business which I haven’t seen for quite a few years.

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