Strengthening Our High-End Positioning
Constellation acquires the Meiomi luxury wine brand, which ranks #1 in dollar sales growth across all pinot noir price points at the time of purchase. Constellation also purchases San Diego-based Ballast Point, one of the fastest growing craft beer companies in the U.S. The purchase provides Constellation with a high-growth, premium platform for the company to compete in the fast-growing craft beer segment.