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The Wine Group Poised to Expand Portfolio with Agreement to Acquire Wine Brands and Production Facilities from Constellation Brands
By AP News - Apr 09, 2025, 04:35 PM ET
Last Updated - Apr 09, 2025, 04:35 PM EDT
LIVERMORE, Calif.--(BUSINESS WIRE)--Apr 9, 2025--
The Wine Group LLC (TWG), one of the world’s foremost producers of award-winning wines, announced today that it entered into an agreement with Constellation Brands, Inc. to acquire several wine brands: Cook’s, J. Rogét, Meiomi, Robert Mondavi Private Selection, SIMI, and Woodbridge.
Additionally, the agreement includes TWG’s acquisition of three (3) facilities and approximately 6,600 owned and leased vineyard acres throughout California. The facilities include production sites in Lodi, CA and Monterey County, CA, as well as the SIMI winery in Healdsburg, CA. The transaction is subject to customary regulatory review.
In addition to building on TWG’s ongoing focus to grow and diversify its portfolio, the transaction will bring the company several popular, premium, and ultra-premium brands, additional on-premise volume, an expanded retail presence, new in-house operational capabilities, and more.
“We’re thrilled to enter into an agreement with Constellation to acquire these highly regarded brands and assets,” said John Sutton, CEO, The Wine Group. “As one of the world’s largest wine producers, The Wine Group is proud of our more than 40-year legacy of providing some of the world’s most beloved wine brands with exceptional operational excellence. The addition of these assets will build on our commitment to being a consumer-led company, delivering a diversified portfolio that offers consumers exceptional taste, quality, and value - for any occasion.”
Rabobank and Rabo Securities served as lead bank, financial, and strategic advisors. Financing is provided by Rabobank, BMO, and American AgCredit.
About The Wine Group
The Wine Group (TWG) is a leading producer of award-winning wines and alcoholic beverages across 120+ brands. With operations in California, New York and Australia, TWG is an innovator in developing and marketing brands beloved by consumers globally, including Cupcake, Franzia, Benziger, Imagery, Tribute, Chloe, 7 Deadly, Cooper & Thief, and more. We produce our products using sustainable practices to create delicious beverages that people can feel good about. Visit us at www.thewinegroup.com
View source version on businesswire.com:https://www.businesswire.com/news/home/20250409785509/en/
CONTACT: Press Contact:
Alexis Karis
Double Forte Public Relations
281.797.1194
AKaris@double-forte.com
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: SUPERMARKET RETAIL CONVENIENCE STORE WINE & SPIRITS
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SOURCE: The Wine Group
Copyright Business Wire 2025.
PUB: 04/09/2025 04:35 PM/DISC: 04/09/2025 04:35 PM
http://www.businesswire.com/news/home/20250409785509/en
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