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 ...
The divestiture comes as the Corona brewer focuses on premium wine and spirits while distancing itself from its less ...
Constellation Brands has said the it plans to sell its Svedka vodka to New Orleans-based drinks group Sazerac.
Constellation has agreed to sell its Paul Masson Grande Amber Brandy to Sazerac in a deal worth $255 million. According to Impact Databank, Paul Masson was up 1.5% to 2 million cases in the U.S.