More Details on Constellation

Constellation announced yesterday it was downsizing its company from 4 units to 3 units – namely, Vintas, Icon Estates and Centerra Wine Company – to make room for its newly acquired wine profile ($885 million) from Fortune Brands. Vintas is the newest addition and will house the company’s premium and super-premium U.S. wines. In other words, it’s what North Lake and Pacific Wine Partners used to be. The restructuring should be complete by March 1. Other details, however, were left