More on Mark West Acquisition and Constellation’s Q1 Results

Dear Client: It was an exciting day for Constellation Brands. This morning they announced plans to acquire Purple Wine Company's Mark West for $160 million. Recall this is the second time Purple Wine Co founder Derek Benham has sold a wine brand to Constellation for a pretty penny. Back in 2001 he and his brother Courtney sold Blackstone merlot for $140 million to a joint-venture between Constellation and BRL Hardy. As with Blackstone, Mark West is focused largely on one