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Constellation Sells More Wine Brands

Constellation Brands has made a deal to sell a portion of its mainstream and premium wine portfolio to The Wine Group. Terms of the deal were not disclosed, but the sale includes Cooper & Thief, Crafters Union, The Dreaming Tree, Monkey Bay, 7 Moons and Charles Smith Wines.

The company said the move is part of its “efforts to establish a bold and innovative, higher-end wine and spirits portfolio with distinctive brands and products, delivering exceptional consumer experiences.”

In early 2021 Constellation sold more than 30 wine brands to E. & J. Gallo Winery. The wine brands in that deal included Black Box, Clos du Bois, Estancia, Manischewitz, Mark West, Ravenswood, Vendange and Wild Horse. 

The post Constellation Sells More Wine Brands first appeared on Cheers.

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