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Constellation's wine sale to Gallo - It had to be you - analysis

2019-04-05 13:04:00| Daily beverage news and comment - from just-drinks.com

In keeping with the wider wine strategy to pursue value at the expense of volume, Constellation Brands' divestment of around 30 lower-end brands this week comes as little surprise. Nor does the identity of the buyer, according to one analyst, with E&J Gallo "uniquely positioned" to take on Constellation's unwanteds.

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