Constellation Acquires Copper & Kings American Brandy Co.

Dear Client: Constellation Brands announced today it has acquired Kentucky-based Copper & Kings American Brandy Company. The acquisition "aligns with Constellation's wine and spirits vision to be a bold and innovative, high-end portfolio of distinctive brands and products that deliver exceptional consumer experiences," per a release. No financial details were disclosed. You may recall, Constellation initially took a minority stake in Copper & Kings through Constellation Ventures in 2017. This marks the first full Ventures acquisition.  "As an innovative distillery regarded for its