Afternoon Brief: Constellation Brands Repositions Wine and Spirits Business to a Portfolio of Exclusively Higher-growth, Higher-margin Brands Aligned to Consumer-led Premiumization Trends

Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that it has signed an agreement with The Wine Group to divest primarily mainstream wine brands and related vineyards and facilities from its wine portfolio...

Afternoon Brief, April 17th

Ackley Brands Acquires Washington Wineries Columbia Winery and Hogue Cellars: Ackley Brands, a family-owned company based in Seattle that owns and operates premium beverage brands in the Pacific Northwest, has announced its acquisition of Columbia Winery and Hogue Cellars from Gallo...