Constellation brands repositions wine and spirits business to a portfolio of exclusively higher-growth, higher-margin brands aligned to consumer-led premiumization trends

Rochester, n.y., april 09, 2025 (globe newswire) -- constellation brands, inc. (nyse: stz), a leading beverage alcohol company, announced today that it has signed an agreement with the wine group to divest primarily mainstream wine brands and related vineyards and facilities from its wine portfolio. the transaction is subject to the satisfaction of certain closing conditions, including the receipt of regulatory approval, and is expected to close immediately following the end of constellation's first quarter of its fiscal year 2026.
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