M&A Deal Summary

Constellation Brands Acquires Charles Smith Wines

On October 17, 2016, Constellation Brands acquired beverage company Charles Smith Wines for 120M USD

Acquisition Highlights
  • This is Constellation Brands’ 16th transaction in the Beverages sector.
  • This is Constellation Brands’ 8th largest (disclosed) transaction.
  • This is Constellation Brands’ 12th transaction in the United States.
  • This is Constellation Brands’ 1st transaction in Washington.

M&A Deal Summary

Date 2016-10-17
Target Charles Smith Wines
Sector Beverages
Buyer(s) Constellation Brands
Deal Type Add-on Acquisition
Deal Value 120M USD

Target

Charles Smith Wines

Walla, Washington, United States
Charles Smith Wines LLC is a winemaker. The company portfolio of wines includes Wines of Substance, ViNO, K Vintners, SIXTO, Casa Smith, B. Leighton and one-half of Charles & Charles.

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Buyer(S) 1

Buyer

Constellation Brands

Victor, New York, United States

Category Company
Founded 1945
Sector Beverages
Employees10,000
Revenue 10.0B USD (2024)
DESCRIPTION

Constellation Brands is an international beverage alcohol company with many products recognized as leaders in their respective categories and geographic markets. The Company is the third-largest producer and marketer of beer for the U.S. market and the world’s leading premium wine company with a leading market position in the U.S. and Canada. Constellatino's wine portfolio is complemented by select premium spirits brands and other select beverage alcohol products. Constellatino is also the largest multi-category supplier (beer, wine and spirits) of beverage alcohol in the U.S. Contellation's customers include wholesale distributors, retailers, on-premise locations and government alcohol beverage control agencies. Constellation Brands was incorporated in 1945 and is based in Victor, New York.


DEAL STATS #
Overall 17 of 28
Sector (Beverages) 16 of 26
Type (Add-on Acquisition) 8 of 13
State (Washington) 1 of 1
Country (United States) 12 of 21
Year (2016) 4 of 4
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 Bardstown Bourbon

Bardstown, Kentucky, United States

Bardstown Bourbon is a producer and marketer of beer, wine and spirits. Bardstown Bourbon was founded in 2014 and is based in Bardstown, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-19 Arterra Wines Canada

Mississauga, Ontario, Canada

Arterra Wines Canada is a producer and marketer of wines. Arterra Wines Canada is based in Mississauga, Ontario.

Sell -