Constellation Brands Inks Brazil Deal

Before you go, we thought you'd like these...
Before you go close icon

Constellation Brands has signed an agreement to sell some of its wine and liquor in Brazil. Under the terms of the deal with local concern Interfood Importacao, numerous Constellation Brands offerings will be distributed throughout the large South American country. These include the Robert Mondavi family of wines, Inniskillin Ice Wine, and SVEDKA vodka.

In its press release announcing the news, Constellation Brands quoted its Senior Vice President, International Philip Kingston as saying that: "These agreements demonstrate our commitment to make our portfolio more readily available in growth markets such as Brazil, where consumers desire more access to world-famous wines."

The terms of the deal were not disclosed.

The article Constellation Brands Inks Brazil Deal originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Constellation Brands. The Motley Fool has no position in Constellation Brands. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners