Constellation Brands gets Svedka
The Deal.com – 02/06/2007
by Carolyn Murphy
The world's largest wine company, Constellation Brands Inc., said Tuesday, Feb. 6, it would purchase Svedka Vodka for $384 million to bolster its premium spirits portfolio. The Fairpoint, N.Y., buyer will acquire both the Swedish vodka label and related businesses, which includes brand owner Spirits Marque One LLC, a New York-based importer, from Svedka creator Guillaume Cuvelier and Belgium-based Alcofinance SA.
Michel Dyens & Co. was exclusive financial adviser to Svedka and Spirits Marque One.