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 ...
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Constellation Brands Sells Svedka Vodka to Sazerac Amid Declining SalesConstellation Brands announced on Tuesday that it is selling its Svedka vodka brand to Sazerac for an undisclosed sum. The ...
Constellation acquired Svedka in 2007 when it bought Spirits Marque One LLC for $384 million from Guillaume Cuvelier and ...
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Constellation Brands Agrees to Divest Svedka; Continues the Reshaping of Wine & Spirits Portfolio Towards the Higher EndConstellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced that it has reached an ...
When it came to the next acquisition for the Sazerac Company, apparently the choice was clear (liquid). Stephen P. Schmidt ...
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Sazerac buys Svedka vodka from ConstellationThe deal marks another disposal by Constellation, which says it is aiming to focus on “higher-end wine and spirits brands”.
Constellation Brands is divesting the vodka brand as part of its efforts to focus on higher end wine and spirits.
The divestiture comes as the Corona brewer focuses on premium wine and spirits while distancing itself from its less ...
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 ...
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