The deal marks another disposal by Constellation, which says it is aiming to focus on “higher-end wine and spirits brands”.

Constellation Brands will sell its Svedka vodka brand to alcoholic beverage company Sazerac in the coming months.

The divestiture comes as the Corona brewer focuses on premium wine and spirits while distancing itself from its less ...

The Victor, N.Y., company behind brands including Corona beers, Robert Mondavi wines and Casa Noble tequila said the transaction with privately held Sazerac is expected to close in the coming months.

Constellation Brands is divesting the vodka brand as part of its efforts to focus on higher end wine and spirits.

Constellation Brands has said the it plans to sell its Svedka vodka to New Orleans-based drinks group Sazerac.

Constellation Brands announced on Tuesday that it is selling its Svedka vodka brand to Sazerac for an undisclosed sum. The ...

Shares of Corona beer-maker Constellation Brands (NYSE: STZ) were in focus Tuesday morning after the firm announced it would ...

Constellation Brands agrees to divest SVEDKA vodka brand to Sazerac, continuing its focus on premium wine and craft spirits in its portfolio.

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 on ...

Constellation Brands Inc. has reached an agreement with New Orleans-based Sazerac to divest one of its brands for an ...

Constellation Brands, Inc. (STZ), a beverage alcohol company, said on Tuesday that it has reached a deal with the spirits company, ...