Constellation Brands

Constellation bullish as market concerns about beer hit shares

Constellation Brands has brushed off concerns about the performance of its beer business after softer-than-expected depletions from the division hit…

The most-read news on Just Drinks in 2022

14 October – Bang Energy receives US$34m lifeline, despite reported objections from MonsterBang’s “esteemed syndicate lenders” have come to the…

Constellation Brands to expand Mexican beer production again in Sonora

Constellation Brands is to invest US$1.5bn to grow its production capacity in the Mexican state of Sonora. The Modelo brand…

Why drinks M&A isn’t set to fizz in 2023

“It was a difficult year, which probably isn’t a surprise,” Rabobank’s Francois Sonneville says, reflecting on M&A in the drinks…

Constellation Brands focuses on smaller acquisitions, shareholder returns

Any M&A moves Constellation Brands makes are set to be smaller deals in the vein of its recent transactions in…

The changing flavour of US craft-beer M&A

Searching for a metaphor for craft beer’s changing fortunes in the US, it’s hard to find a better one than…

Constellation Brands approves change to company voting structure

Constellation Brands stockholders have approved and adopted the plan to eliminate the company’s ‘Class B’ shares and move to a…

Constellation Brands to convert shareholding in Canopy Growth

Constellation Brands has moved to reduce its exposure to cannabis, with the Modelo brand owner set to convert its common…

Constellation Brands stuck in Mexican beer catch-22, analysts warn

Constellation Brands’ position in the Mexican beer category poses a long-term challenge for the group, analysts have warned. In a…

Deal done with The Wine Group as Constellation sells more wine assets

Constellation Brands has offloaded another batch of wine labels, with US peer The Wine Group snapping up the assets. The…