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.

Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

Nick Strangeway

Could bars be no-phone zones?

For about six hours in early October the world was brought to a standstill. However, it wasn’t the outbreak of a global pandemic that spread panic, but the simultaneous crash of Facebook, WhatsApp and Instagram.

Instagram

Facebook