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Constellation Brands in deal with Young's Market

posted: 44 DAYS 6 HOURS AGO

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VICTOR, N.Y. -Wine and spirits maker Constellation Brands Inc. said Monday that it entered a deal with Young's Market Co. and affiliates to exclusively distribute its products in Alaska, Washington and Oregon.

Terms of the multiyear agreement were not disclosed.

Constellation Brands said the deal is part of its previously announced plan to consolidate most of its U.S. wine and spirits business to one distributor per market. The company said it has currently consolidated in 22 markets, with eight potential markets still left.

Constellation Brands, which makes Robert Mondavi and other wine brands, is currently Young's largest supplier in volume in the Pacific Northwest with more than an estimated 1 million cases annually.

2009-10-12 10:39:18

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