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Constellation Brands Sells 30 Brands to Gallo for $1.7 Billion – To Focus on Premiumization and 30% Margin

in Drink News/Headline Feed

As consumers shift their spending habits more and more toward the premium side of the distilled spirits world Constellation Brands is shifting its product mix to follow the trend. (Not to mention their major investment in cannabis.) To that end Constellation has announced the sale of 30 of its sub $11 retail priced wine and spirits […]

The post Constellation Brands Sells 30 Brands to Gallo for $1.7 Billion – To Focus on Premiumization and 30% Margin appeared first on Distillery Trail.

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