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Constellation Brands sells Canadian wine business; buys US-based Charles Smith Wines

Constellation Brands has announced the sale of its Canadian wine business to Ontario Teachers’ Pension Plan for C$1.03bn ($785m USD). 

Constellation Brands CEO credits upbeat Q1 sales to its premium wine and beer brands

Constellation Brands ended its first quarter with net sales of $1.9bn, a 15% year-over-year increase, driven by the company’s acquisitions of premium brands coupled with consumer demand for high-end alcohol...

East Coast brewery for Ballast Point announced

US craft brewer, Ballast Point Brewing and Spirits, is investing $47.8m in an East Coast brewery in Botetourt County, Virginia. 

Constellation Brands outlines plans for Ballast Point and overall beer business

Constellation Brands made headlines last year when it purchased craft brewer Ballast Point Brewing for $1bn. The focus this year will be on expanding distribution of the craft brews nationwide,...

'All the big growth in wine is in higher price points like The Prisoner': Constellation Brands

Constellation Brands has announced it will acquire The Prisoner Wine Company brands, a portfolio of five super luxury wine brands, while the company emphasizes the continued growth of premiumization and...

News in brief

Constellation Brands recalls Corona Extra due to glass concerns

Constellation Brands has recalled Corona Extra 12-packs and 18-packs of 12 ounce clear bottles in the US and Guam as they may contain particles of glass.

Small spaces, big companies: Can big corporations keep craft’s cool factor after the acquisition?

Big beverage companies are buying up craft breweries in big numbers, but does going from craft to corporation lose the cachet for these brewers?

Constellation Brands to pay $1bn to purchase Ballast Point Brewery

Constellation Brands has announced that it will purchase Ballast Point Brewery for $1bn.

Beverage Bites: news up to May 15, 2015

What do Pepsi, the International Space Station, and Usher have in common? This week’s beverage bites

This week Coca-Cola Hellenic Bottling Company released its first quarter trading update, while Constellation Brands takes on a former US army captain as its chief marketing officer for wine and...

‘The year of the can:’ Constellation Brands outlines plans for 2016 beer growth

Constellation Brands insists growth targets for its beer business are ‘definitely not pie in the sky,’ as it reports a 12% increase in net beer sales in FY2015.

Analyst suggests ‘aggressive’ ABI pricing could spur Samuel Adams beer sales

One US analyst believes that a more aggressive US pricing strategy led by Anheuser Busch InBev could reignite sales growth for craft beer competitor Samuel Adams.

CONSTELLATION BRANDS BEER BUSINESS HAS ‘EXCEPTIONAL MOMENTUM’

Modelo Especial tipped to topple Heineken as No.2 US imported beer

Constellation Brands announced yesterday that its Mexican beer brand Modelo Especial is poised to overtake Heineken as the No.2 selling imported beer in the US.

‘We like Constellation Brands’ outsized exposure to imported beer’: Analyst

Cowen and Company analyst Vivien Azer says her company likes Constellation Brands’ ‘outsized’ exposure to imported beer and expects that category to win more share from non-craft domestic brands in 2015.

HAPPY CHRISTMAS 2014 FROM BEVERAGEDAILY.COM!

Caught in the headline headlights! Top 10 BeverageDaily.com stories of 2014

As voted for by you the readers - effectively - and checked by us on Google Analytics, here are our Top 10 most read news stories of 2014 – from...

WINE VISION 2014: TAYLOR'S PORT CEO ALSO WARNS OF RACE TO BOTTOM

‘Beer, spirits have stolen our playbook: We need to build brand wine!’ Troy Christensen

Troy Christensen, CEO of Enotria Wine Cellars, warns the wine industry that spirits and beer have stolen its play book and says the industry needs to build ‘brand wine’ more...

KNOW AN INDUSTRY VISIONARY? NOMINATE THEM NOW!

Celebrating Beverage Brilliance! Personality of the Year 2014 open for entries

The global beverage sector is thriving - driven by dynamic and creative individuals around the world. But do you or a colleague have what it takes to be recognized by...

Constellation’s can-do attitude: Brewer eyes Corona Extra growth via new packaging

Constellation Brands CEO Robert Sands says cans offer a huge opportunity to grow sales of beers such as Corona Extra as the firm plans to significantly expand production at its...

HEINEKEN WILL USE PROCEEDS TO PAY DOWN DEBT

Crown says $1.22bn Heineken packaging buy will boost Mexico presence

Heineken plans to sell Crown Holdings its Mexican packaging business Empaque for $1.225bn to boost its balance sheet and focus its efforts on brewing and selling beer.

‘Are you buying scab beer cans?’ Union warns Canadian consumers off Coors Light in Crown cans

A Toronto labor dispute that began nine months ago at Crown Holdings is escalating with strike leaders now urging the Canadian public not to drink beer brands in cans from...

Clients include Tetra Pak and SIG Combibloc

Hydro to build $61m beverage can recycling plant

Hydro, whose clients include Tetra Pak, Ball and Crown, is celebrating after getting the go-ahead to build a $61m beverage can recycling plant in Neuss, Germany.

XMAS SPECIAL

Packaging design inspiration gallery: CHRISTMAS

Food figures big into holiday celebrations around the world. Here are a few festive Christmas packaging designs to sink your teeth into.

CONSTELLATION BRANDS SLAMS 'VEXATIOUS' LITIGATION OVER UNTENABLE CLAIMS

Angry US beer drinkers allege AB InBev ‘puppet’ Constellation misled court on price hikes

Constellation Brands misled a Federal court by arguing that it would not co-ordinate beer prices rises to follow AB InBev after the Grupo Modelo takeover and then doing so, nine...

Crown Holdings: Q3 global beverage can sales up by 6%.

Crown Holdings has announced its financial results for the third quarter ending September 30, 2013.

Crown China expansion sees rise in aluminium cans

Crown Holdings has opened three beverage can factories in Heshan (Guangdong province), Ziyang (Sichuan province) and Putian (Fujian province), bringing the total number of plants in China to seven.

News in brief

Crown Holdings to cut 300 jobs in Europe

Crown Holdings is to cut 300 jobs across its European operations as part of a revised Q3 outlook due to weak demand.

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