Constellation Brands, the corporation behind brands including Modelo beer and Robert Mondavi Winery, has streamlined its wine stable to focus on luxury labels, announcing April 9 that it was selling a 12-million-case portfolio of mostly value-priced wines to The Wine Group for an undisclosed sum. The deal is subject to regulatory approval and is slated to close after the end of Constellation’s fiscal first quarter in May.
This article was originally published on April 9, 2025. You can read the full-length version here.
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