A combined Constellation Brands BRL Hardy group could make three or four significant acquisitions a year, BRL Hardy managing director Stephen Millar said.
“We’d constantly be looking at opportunities. Most would be in Europe and also in North America and Japan.”
Constellation’s A$1.9 billion (US$1.14 billion) bid for BRL Hardy is to be put to shareholders next month. It is widely assumed it will get approval.
Millar will be chief executive of the wine arm, based in Australia. He told a radio interviewer there were acquisition possibilities in Europe including on and off premise business in Britain. The likely new entity was not looking for specific opportunities in Australia but would grow through existing vineyards and winery facilities
