Constellation Takes Minority Stake in La Fete du Rose

Dear Client:Constellation Brands announced today it has acquired a minority stake in rose brand La Fete du Rose. This marks the first investment made as part of Constellation's Focus on Minority Founders initiative to invest $100 million in black and minority-owned businesses by 2030. Terms of the deal were not disclosed. La Fete du Rose was founded in 2019 by Donae Burston, who's been in the bev alc industry for 15 years, previously working at Moet Hennessy and Heineken. The wine