Tag Archives: Constellation Brands

CBrands Pledges $1.75 Million to Help Restaurant Workers’ Careers

Posted on April 7, 2021 by Joel Whitaker

The pledge was announced as part of the National Restaurant Association Educational Foundation’s (NRAEF) launch of “Restaurants Advance,” a national fundraising campaign to help current and future restaurant workers access the education and training they need to put their job … Continue reading →

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Nelson’s Green Brier Expands from Nashville to Maryland, Illinois, Florida; To Go National

Posted on March 8, 2021 by Joel Whitaker

The expansion of Nelson’s Green Brier Tennessee Whiskey to Maryland, Illinois, and Florida is the first step in going national by 2022.  It’s majority-owned by Constellation Brands.  Originating in 1860 and created by distilling pioneer Charles Nelson, Nelson’s Green Brier … Continue reading →

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CBrands Hands SGWS Rights to Distribute 70% of Its Wine, Spirits Portfolio

Posted on March 1, 2021 by Joel Whitaker

Constellation Brands, Inc. said it awarded Southern Glazer’s Wine & Spirits distribution responsibilities across approximately 70% of its wine and spirits brand portfolio in the United States, effective April 1. “Achieving a consumer-focused route to market is essential to achieving … Continue reading →

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CBrands Completes Sale of Brands, Premiumization of Portfolio

Posted on January 13, 2021 by Joel Whitaker

Constellation Brands, Inc. said it closed its sale of the Paul Masson Grande Amber Brandy brand, related inventory, and interests in certain contracts to Sazerac for about $265 million, subject to certain post-closing adjustments. “The closure of this sale concludes … Continue reading →

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CBrands Net Sales Up 22% in Fiscal 3rd Quarter

Posted on January 7, 2021 by Joel Whitaker

Constellation Brands reports net sales of $2.44 billion, a 22% increase from the year-earlier third fiscal quarter as both the company’s beer business and its wine and spirits business did well.  Net profit exploded, soaring 3.55 times the year-earlier figure … Continue reading →

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CBrands, Gallo, FTC Reach Accord on Brand Sales

Posted on November 9, 2020 by Joel Whitaker

Constellation Brands, Inc.  said it and E. & J. Gallo Winery signed a proposed consent order that, if accepted by the FTC Commissioners, would allow Constellation to complete the sale of certain brands priced under $11 a bottle to Gallo. … Continue reading →

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