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Constellation Brands Sells Svedka Vodka to Sazerac
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.
Sazerac Co. to acquire Svedka vodka from Constellation Brands
When it came to the next acquisition for the Sazerac Company, apparently the choice was clear (liquid). Stephen P. Schmidt has the story.
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”.
Constellation Brands to sell Svedka Vodka to Sazerac, sharpens focus on premium spirits
Constellation Brands said on Tuesday it would sell its Svedka vodka to New Orleans-based Sazerac, as the Corona beer maker looks to focus on its premium wine and spirits business. The company did not disclose the terms of the deal.
Constellation Brands Agrees to Divest Svedka; Continues the Reshaping of Wine & Spirits Portfolio Towards the Higher End
Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced that it has reached an
Constellation Brands to Divest Vodka Brand Svedka to Sazerac
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. Financial terms of the agreement weren't disclosed.
Constellation Brands sells Svedka vodka to Sazerac
Constellation Brands is divesting the vodka brand as part of its efforts to focus on higher end wine and spirits.
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.
Rochester Business Journal
2d
Constellation Brands announces brand divestiture
Constellation Brands Inc. has reached an agreement with New Orleans-based Sazerac to divest one of its brands for an ...
8d
Going Under The Hood Of The 2024 Buffalo Trace Antique Collection
The Buffalo Trace Antique Collection makes waves with whiskey enthusiasts each year. A deep dive into the 2024 collection ...
Business Insider
2d
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 on ...
Food Dive
2d
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
2d
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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