Constellation Manufacturers has made a deal to promote a portion of its mainstream and premium wine portfolio to The Wine Group. Phrases of the deal weren’t disclosed, however the sale consists of Cooper & Thief, Crafters Union, The Dreaming Tree, Monkey Bay, 7 Moons and Charles Smith Wines.
The corporate mentioned the transfer is a part of its “efforts to ascertain a daring and modern, higher-end wine and spirits portfolio with distinctive manufacturers and merchandise, delivering distinctive client experiences.”
In early 2021 Constellation bought greater than 30 wine manufacturers to E. & J. Gallo Vineyard. The wine manufacturers in that deal included Black Field, Clos du Bois, Estancia, Manischewitz, Mark West, Ravenswood, Vendange and Wild Horse.