Constellation Brands to sell 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 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”.
Svedka Vodka's Parent Company Just Sold the Brand, Amid a Struggling Spirits Market
Svedka certainly doesn't fall into the high-end spirits category, given that this vodka, which comes in many flavors, is priced at less than $20 per bottle. Although it originated
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.
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.
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 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 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.
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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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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.
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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.