Constellation Brands acquires Schrader Cellars’ wine portfolio
US-based wines company Constellation Brands has purchased Schrader Cellars' wines unit for an undisclosed sum.
The purchase includes vineyard sourcing, existing inventories, and eight Schrader Cabernet Sauvignons.
Sourced from the vineyards of Napa Valley, Schrader Cabernet Sauvignon's lineup comprises Beckstoffer To Kalon Vineyard in Oakville. This portfolio also includes Schrader GIII Beckstoffer Georges III Cabernet Sauvignon, Schrader LPV Beckstoffer Las Piedras Vineyard Cabernet Sauvignon, Schrader RBS Beckstoffer To Kalon Vineyard Cabernet Sauvignon, and Schrader T6 Beckstoffer To Kalon Vineyard Cabernet Sauvignon.
This lineup joins Constellation's new fine wine establishment TRU Estates and Vineyards. Schrader Cellars’ winemaker Thomas Brown will work with the Constellation Brandsteam and continue to lead the winemaking process.
Constellation Brands wine and spirits production senior vice-president Sam Glaetzer said: “The Schraders have created something truly unique and unparalleled in wine.
“Their unwavering commitment to quality vineyards and winemaking has built a portfolio of world-class wines with an elite and loyal consumer following.”
Set up in 1945, Constellation has more than 100 brands in its portfolio, with around 40 facilities and 9,000 employees. Based in New York, it is a leading international producer and marketer of beer, wine, and spirits, with operations in the US, Mexico, New Zealand, Italy, and Canada.