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”.

Hilary Duff

COCO. I am so lucky for everyday that u keep on kickin. You are a fine wine my friend... Just keep gettin better wi…

Wed Jul 29 07:36:10 2015
Total Sorority Move

Am I crazy, or does wine actually taste better straight out of the bottle? #TSM

Wed Jul 29 17:01:33 2015
Bob's Burgers

Wine Wednesday has you like... #BobsBurgers

Wed Jul 29 20:30:12 2015

RT @sidewalkshoes: Raspberry Peach Wine Spritzer from @fresh_dinners for #TipsyTuesday http:/…

Thu Jul 30 20:13:46 2015
josh errington

Red wine

Thu Jul 30 20:13:45 2015

RT @cowineco: No Corkage Wednesdays. Lets have some wine! Try our new selections this week to cool off with. Cheers! #cowineco…

Thu Jul 30 20:13:45 2015
Pump Sip

Wine Time - July Picks are on the blog: #winelover #winelife #wine

Thu Jul 30 20:13:41 2015

This song is dedicated to my one and only she is out there and she knows who she u shortie

Thu Jul 30 20:13:37 2015
highly good-looking

14pcs Tibetan silver BASKET WINE BOTTLE charms EF1374

Thu Jul 30 20:13:35 2015
MagUs Jimenez

RT @bodegasmuga: "Never did a great man hate good wine" :-) Don't you agree? #ThirstyThursday #WineInModeration Cheers!…

Thu Jul 30 20:13:35 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