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 acquired Svedka in 2007 when it bought Spirits Marque One LLC for $384 million from Guillaume Cuvelier and ...
The divestiture comes as the Corona brewer focuses on premium wine and spirits while distancing itself from its less ...
When it came to the next acquisition for the Sazerac Company, apparently the choice was clear (liquid). Stephen P. Schmidt ...
The deal marks another disposal by Constellation, which says it is aiming to focus on “higher-end wine and spirits brands”.
Constellation Brands (NYSE:STZ) has reached an agreement with Sazerac to divest its SVEDKA vodka brand as it continues to reshape its wine and spirits portfolio towards the higher end. This ...
ROCHESTER, N.Y., Dec. 03, 2024 (GLOBE NEWSWIRE) -- (NYSE: STZ), a leading beverage alcohol company, today announced that it ...
Constellation Brands is divesting the vodka brand as part of its efforts to focus on higher end wine and spirits.
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 ...
Dec 3 (Reuters) - Constellation Brands (STZ.N), opens new tab said on Tuesday it would sell its Svedka vodka to New Orleans-based Sazerac, as the Corona beer maker looks to focus on its premium ...
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 ...