Gallo Buys Constellation Brands

Gallo buys Constellation brands. 

E. & J. Gallo Winery buys 34 wine and spirit brands from Constellation for $1.7 billion.

Included in the sale are wine labels Clos du Bois, Black Box, Ravenswood, Mark West, Wild Horse, Estancia, Franciscan, Toasted Head, Hogue Cellars, Blackstone, Vendange, Rex Goliath, Diseno, Hidden Crush, Taylor Country Cellars, Blufeld, Manischewitz, Wild Irish Rose, Arbor Mist, Milestone, La Terre, Taylor Dessert, Paul Masson Dessert, Capri, Cribari Dessert, Primal Roots, Taylor NY Table, Paul Masson Table, Simply Naked, Cribari Table, and V.NO.

The deal adds six winemaking facilities to Gallo’s vertical integration. They are Mission Bell in Madera, Turner Road Vintners in Lodi, Clos du Bois in Geyserville, Wild Horse in Templeton, Hogue Cellars in Washington, and Canandaigua in New York. Gallo finished a beautiful renovation of the Louis M. Martini winery in Saint Helena in late March. 

Michael McGrew of Constellation said: ‘This move will help us drive to focus on a smaller set of premium, high-growth brands that have gained significant momentum in the marketplace. These brands align with consumer premiumization trends, as they continue to shift to higher-end, higher-quality products like The Prisoner, Cooper & Thief, Kim Crawford, Meiomi, Ruffino, Schrader Cellars, High West Whiskey, Casa Noble, and Svedka Vodka. We are excited about our remaining portfolio of brands and the growth opportunities they present going forward.'

Joseph E. Gallo said: ‘We are committed to remaining a family-owned company focused on growing the wine industry. While we continue to invest in our premium and luxury businesses, we see a tremendous opportunity with this acquisition to bring new consumers into the wine category. We will continue to offer our customers and consumers quality products at every price point.’

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