The Zinquisition: Constellation Bids for Vincor

The Zinquisition

Various ruminations and observations regarding the bizarre and otherwise incomprehensible happenings in the wine industry.

SAINT VINI'S CREDO I believe that wine is a beverage that should be enjoyed frequently, alone or with meals. I believe that wine, since it is made from a fruit, should produce a liquid reminiscent of that fruit, not cedar, moss, pipe tobacco, barnyards, manure, pencil lead, or band aids. As such, I believe that good wine can come from any country, but it must be labeled in such a way that the consumer doesn't need an atlas and a wine encyclopedia to figure out what's in the bottle. I believe that the United States should not trail the civilized world in wine consumption per capita and that neo-prohibitionists, wine snobs, and liquor distributors are all joined in a trilateral commission to hinder wine consumption. I believe that wine needs to lose its elitist image by embracing alternative packaging, alternative closures, non-vintage wines, stronger branding, and lower retail prices. I believe in long, slow, deep, soft, wet kisses that last........uh....sorry, I got carried away.

Tuesday, September 27, 2005

Constellation Bids for Vincor

Constellation makes yet another "huge" acquisition with an offer of $900million for Vincor. Not far from the $1.3 billion they paid for Mondavi, Vincor is Canada's largest wine company with approximately 10 million cases sold annually and owns Hogue Cellars in Washington and R.H. Phillips in California.

I, for one, am starting to become skeptical of Constellations acquisition rate. I don't see how they can continue to make this work and have as many products to sell as they do.

More on this as it develops.

The Zinquisition

Tuesday, September 27, 2005

Constellation Bids for Vincor

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