Deals this week: Constellation Brands, Southern Glazer’s Wine & Spirits, Dugas
Constellation Brands has purchased the wines unit of Schrader Cellars, which includes vineyard sourcing, current inventories, and eight Schrader Cabernet Sauvignons.
The Schrader Cabernet Sauvignon portfolio includes assets such as Beckstoffer To Kalon Vineyard in Oakville, Schrader GIII Beckstoffer Georges III Cabernet Sauvignon, Schrader LPV Beckstoffer Las Piedras Vineyard Cabernet Sauvignon, and Schrader RBS Beckstoffer To Kalon Vineyard Cabernet Sauvignon.
The acquired portfolio will join TRU Estates and Vineyards, a fine wine organisation established by Constellation Brands.
The purchase consideration for the transaction has not been disclosed.
Southern Glazer’s Wine & Spirits has expanded its distribution agreement to distribute Huneeus Vintners' products in 19 new markets.
Huneeus Vintners produces fine wine brands including Quintessa, Illumination, Faust, and Flowers.
Dugas will be the exclusive distributor of Walsh Whiskey Distillery’s range of Writers’ Tears premium Irish whiskeys in France from September 2017.
The agreement was signed at Vinexpo 2017 in Bordeaux.
The Writers’ Tears range of premium whiskeys includes Copper Pot, Red Head Single Malt, and Cask Strength brands.