Constellation Brands Completes Sale of Canadian Wine Business

December 19, 2016 | Constellation Brands

Constellation Brands, Inc., announced today that it has completed the sale of its Canadian wine business to Ontario Teachers' Pension Plan, the largest single-profession pension plan in Canada.  The transaction is valued at approximately C$1.03 billion and includes Canadian wine brands such as Jackson-Triggs and Inniskillin, wineries, vineyards, offices, facilities and Wine Rack retail stores.