Analysis - Constellation buys Fortune's wines

Constellation's US$885m purchase of Fortune Brands' wine portfolio further adds to the acquisitive US company's impressive line-up. Chris Losh believes the deal makes perfect sense for Constellation, and for Fortune Brands could be part of the company's preparation to enter the auction for Absolut vodka.

Analysis - Fortune strengthens Constellation's hand in wine market

29 November 2007

Constellation's US$885m purchase of Fortune Brands' wine portfolio further adds to the acquisitive US company's impressive line-up. Chris Losh believes the deal makes perfect sense for Constellation, and for Fortune Brands could be part of the company's preparation to enter the auction for Absolut vodka.

UPDATE: Fortune Brands to focus on spirits after wine sale

12 November 2007

Fortune Brands has said that the sale of its wine business to Constellation Brands will allow the company to focus on the "higher return premium spirits segment".

US: Constellation to buy Fortune's wine business

12 November 2007

Constellation Brands is to acquire the wine business of rival US group Fortune Brands in a deal worth US$885m.

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Analysis - Constellation buys Fortune's wines

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