Constellation Brands will sell its Svedka vodka brand to alcoholic beverage company Sazerac in the coming months.
Constellation Brands, Rochester, N.Y., announced that it has reached an agreement with Sazerac Co. Inc., New Orleans, to ...
Constellation Brands said on Tuesday it would sell its Svedka vodka to New Orleans-based Sazerac, as the Corona beer maker ...
But according to Bernstein Research analyst Nadine Sarwat, the sale of Svedka is a good move for Constellation. “While the existing wine division remains, the divestment of Svedka is a clear ...
When it came to the next acquisition for the Sazerac Company, apparently the choice was clear (liquid). Stephen P. Schmidt ...
Constellation Brands is divesting the vodka brand as part of its efforts to focus on higher end wine and spirits.
Jake Wenz, CEO of Sazerac said: “The team at Constellation has built the SVEDKA brand over the years to be known for its high-quality vodka-making traditions, premium liquid standards ...
Constellation Brands will sell Svedka vodka to Sazerac. The deal is expected to close in the coming months, but no transaction details were disclosed. Sazerac is a privately-owned, New Orleans ...
Constellation Brands (STZ) has reached an agreement with global spirits company Sazerac, to divest its SVEDKA brand. This transaction is expected to close in the coming months.The decision builds on ...
The divestiture comes as the Corona brewer focuses on premium wine and spirits while distancing itself from its less ...