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.


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