Tag Archives: Constellation Brands

RNDC Matches CBrands’ Donation to California Wildfire Relief Funds

Posted on October 19, 2020 by Joel Whitaker

Republic National Distributing Co. (RNDC) in partnership with Young’s Market Co., said it matched Constellation Brands’ $100,000 donation to three charities focusing on wildfire relief funds. American Red Cross, Napa Valley Community Foundation and Sonoma County Resilience Fund are providing … Continue reading →

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CBrands Acquire Copper & Kings

Posted on September 14, 2020 by Joel Whitaker

Constellation Brands, Inc. said acquired  Copper & Kings American Brandy Co. producer of highly differentiated American Brandy, absinthe, gin, and Destillaré liqueurs, with a tasting room and restaurant located in the heart of Bourbon Country in Louisville, Ky.  Terms weren’t … Continue reading →

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CBrands Sales Slip 6% but Beer Depletions Jump 5.6%, Mexican Beer Production Back

Posted on July 1, 2020 by Joel Whitaker

Constellation Brands reports  sales slipped 6% to $1.96 billion thanks to Covid-19.  Beer depletions remained strong, production in Mexico returned to normal levels in June, and wine and spirits brands continued to gain traction in the fiscal first quarter. Net … Continue reading →

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CBrands to Invest $100 Million in Black, Minority-Owned Bev/Al Businesses

Posted on June 29, 2020 by Joel Whitaker

The idea, the company says, is “to achieve greater equity for African American/Black colleagues at Constellation, within the beverage alcohol industry, and within the communities they operate in.” Constellation Brands Ventures (CBV), the company’s corporate venture capital group, will invest … Continue reading →

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CBrands Agrees to Sell Black Velvet to Heaven Hill

Posted on August 12, 2019 by Joel Whitaker

Constellation Brands said it agreed to sell its Black Velvet Canadian Whisky brand and the Black Velvet production facility in Lethbridge, Alberta, Canada, to Heaven Hill Brands for about $266 million.  The transaction is expected to close before year-end. Black … Continue reading →

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CBrands Takes Minority Stake in Woman-Owned Montanya Distillers

Posted on July 23, 2019 by Joel Whitaker

The investment was made through Constellation Brands Ventures’ Focus on Female Founders program which makes meaningful investments in female-founded and female-led businesses doing disruptive and innovative work across beverage alcohol.  Terms weren’t disclosed. Karen Hoskin is Founder, President and CEO … Continue reading →

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