Acquisition nearly doubles company’s sales and significantly increases EBIT and free cash flow; Solidifies Constellation’s position as the #1 multi-category supplier for beer, wine and spirits in the U.S. VICTOR, N.Y., June 7, 2013 – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has completed its acquisition […]
VICTOR, N.Y., May 7, 2013 – Constellation Brands, Inc. (NYSE: STZ and STZ.B), announced today that Thomas “Tom” Kane will join the company as Chief Human Resources Officer (CHRO), effective May 20. Tom takes over the position from Keith Wilson who is retiring in June after 11 years of service to the company. Tom joins […]
MODESTO, Calif. (August 10, 2012) — – E. & J. Gallo Winery (Gallo) announced today the intention to purchase Courtside Cellars in San Miguel, California. The twelve-year-old winery will support the company’s continued growth in California’s Central Coast. The purchase includes 34 acres of land and a winery capable of crushing 60,000 tons of grapes. According […]
MODESTO, Calif. (June 4, 2012) – E. & J. Gallo Winery (Gallo) announced today the purchase of Washington’s Columbia Winery and Covey Run Wine brands from Ascentia Wine Estates. Gallo has purchased the two wine brands and taken over the operation of the Woodinville and Sunnyside facilities. The purchase marks Gallo’s first expansion into the […]
MODESTO, Calif. – March 30, 2012 – E. & J. Gallo Winery (Gallo) announced today that it had acquired the exclusive rights to distribute Italy’s Brancaia wines in the United States effective April 1, 2012. “This is a great addition to our Luxury portfolio of fine wines,” said Roger Nabedian, Senior Vice President of Gallo’s […]