Constellation Brands Sells 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 to Sell Svedka Vodka to Sazerac, Sharpens Focus on Premium Spirits
Constellation acquired Svedka in 2007 when it bought Spirits Marque One LLC for $384 million from Guillaume Cuvelier and Belgium-based Alcofinance SA. Sazerac produces a wide range of spirits, and owns brands including such as Southern Comfort and Fireball.
Constellation Brands Stock In Focus On Svedka Divestment: Retail Cheers The Deal
Shares of Corona beer-maker Constellation Brands (NYSE: STZ) were in focus Tuesday morning after the firm announced it would divest its Svedka brand to global spirits company Sazerac, lifting retail sentiment.
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 undisclosed sum.
Constellation Brands Agrees to Divest SVEDKA; Continues the Reshaping of Wine & Spirits Portfolio Towards the Higher End
Over 500 of the world’s most extraordinary brands are part of the Sazerac portfolio, including Buffalo Trace Bourbon, Eagle Rare, Weller, The Last Drop Distillers, Fireball Cinnamon Whisky, Southern Comfort, Wheatley Vodka, Meyers’s Rum, White X Cognac, Sazerac de Forge Cognac, Paddy’s Irish Whiskey, and many more.
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 expensive offerings that are seeing a drop in consumption.
Constellation Brands to Divest Vodka Brand Svedka to Sazerac
Constellation Brands said it will divest its Svedka vodka brand to spirits company Sazerac, as it aligns its offerings with changing consumer tastes and growing market sectors. The Victor, N.Y., company behind brands including Corona beers,
Constellation Brands to divest SVEDKA vodka brand
Constellation Brands agrees to divest SVEDKA vodka brand to Sazerac, continuing its focus on premium wine and craft spirits in its portfolio.
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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 ...
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