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 ...
Constellation Brands is divesting the vodka brand as part of its efforts to focus on higher end wine and spirits.
Constellation Brands has said the it plans to sell its Svedka vodka to New Orleans-based drinks group Sazerac.
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