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Constellation Brands to Divest Vodka Brand Svedka
Constellation Brands to sell Svedka vodka to Sazerac as wine and spirits segment struggles
Constellation Brands will sell its Svedka vodka brand to alcoholic beverage company Sazerac in the coming months.
Constellation Brands Sells Svedka Vodka to Sazerac Amid Declining Sales
Constellation Brands announced on Tuesday that it is selling its Svedka vodka brand to Sazerac for an undisclosed sum. The spirits supplier cited its reasoning for the sale to shift its strategy for its spirits portfolio to focus more on premium brands.
Sazerac buys Svedka vodka from Constellation
The deal marks another disposal by Constellation, which says it is aiming to focus on “higher-end wine and spirits brands”.
Business Insider
1d
Constellation Brands agrees to divest SVEDKA brand
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 ...
Food Dive
23h
Constellation Brands selling Svedka vodka to Sazerac
The divestiture comes as the Corona brewer focuses on premium wine and spirits while distancing itself from its less ...
esmmagazine.com
1d
Constellation Brands To Sell Svedka Vodka To Sazerac
Constellation Brands has said the it plans to sell its Svedka vodka to New Orleans-based drinks group Sazerac.
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