TWC Leaf
Search Categories

Wine Tour India - A unique Blend of Hospitality & Knowledge

Updates From Facebook

Wine News
winenews_previous winenews_next

Constellation Sells its Wine Businesses

28 - dec - 10

A selling spree is taking the wine world by storm it seems. Constellation Brands has sold its wine businesses in Australia, the UK and South Africa to a private equity company in a deal worth A$290m.

According to a report, Sydney-based CHAMP Private Equity will buy 80% of Constellation Wines Australia and Europe (CWAE) for A$230m under the terms of the deal, including high-profile brands like Hardys and Kumala.

The price of the acquisition is in stark contrast to the A$1.9bn Constellation paid for the BRL Hardy wine business in 2003.

“The CWAE business sells quality wines from the important Australian appellation and has significant scale, but continues to be faced with challenging market conditions,” said Rob Sands, president and CEO of Constellation Brands.

“Therefore, the business is no longer consistent with Constellation’s strategy. We believe CHAMP has the requisite skills and motivation necessary for accelerating the success of the CWAE group.”

CHAMP managing director John Haddock said the company was “committed to supporting management in building a competitive and profitable business in the Australian and UK markets, and will invest to grow the business”.


Supreme Court Justice Ruth Bader Ginsburg fell asleep at the State of the Union Address because she had a little too much wine beforehand.

Sat Apr 25 05:02:07 2015
Wesley Lowery

As no shortage of people have pointed out, DC's most powerful sipping wine as people take the streets an hour away in Baltimore

Sun Apr 26 00:36:42 2015
Wall Street Journal

Is drinking wine alone pathetic or a sign of "a problem"? Not necessarily:

Sat Apr 25 04:07:22 2015
The Leylines

RT @jeffsoundmonkey: The south west's very own #cavernclub St James wine vaults #bath "@TheLeylinesUK Ace

Sun Apr 26 13:01:02 2015
Wine Butler

Discover the secrets of top Cabernet Sauvignon-based red wine brands. Why Cabernet?Read here:

Sun Apr 26 13:01:02 2015
Craft WineMaking

Discover the secrets of top Cabernet Sauvignon-based red wine brands. Why Cabernet?Read here:

Sun Apr 26 13:01:01 2015
Da Boyz Pizza &Pasta

NEW!!! Happy Hour ALL DAY on Sundays and Mondays!!! **$1 off all draft pints, bottled beer, and appetizers/$4 glasses of house wine**

Sun Apr 26 13:01:01 2015

JGH. Intoxicated by red wine. This is something odd. :3

Sun Apr 26 13:00:58 2015
sanyam (sam)

She reassured me with an unfamiliar line... umm summer wine!

Sun Apr 26 13:00:57 2015

In bed by 8 am with a glass of wine but I can still hear IV pumps beeping in the distance 😠

Sun Apr 26 13:00:56 2015

Live Updates from Twitter


User Comments
Because other people are open about haivng problems it makes it easier to accept there is a problem and get the help that can turn the situation around. I was glad of the support available a few years ago and it made a big difference in getting things back in perspective. [url=]fpgxrwwsybk[/url] [link=]nxwcmmhgxz[/link]
I think brilliant info helps make the world go anurod. This particular content you've composed is fabulous and fascinating. With many so-called authors to choose from I am grateful you're authentic. Thanks so much.
Hello there I am so glad I found your blog, Ireally found you by error, while I was searching on Aolfor soenhtimg else, Regardless I am here now and would just like to say cheers for a incredible post and a all round interesting blog (I also love the theme/design), I don't have time to read it all at the minute but I have book-marked it and also added your RSS feeds, so when I have time I will be back to read more, Please do keep up the fantastic work.
I would absolutely LOVE to take one of these claesss. I am just getting started in the catering world, and have been madly in love with all things food for as long as I can remember. [url=]nzyunbs[/url] [link=]puftnghi[/link]
That's a brilliant answer to an inietesrtng question
Designed & Developed by