US: Constellation Brands Signs Distribution and Broker Agreements in 14 States
US: Constellation Brands Signs Distribution and Broker Agreements in 14 States
May 18, 2012 6
(MarketWatch) - Constellation Brands, Inc., /STZ +0.48%/, the world's leading premium wine company, announced today that it is nearing completion of the second phase of its distribution transition with the signing of multi-year agreements with Republic National Distributing Company (RNDC), Young's Market Company, Johnson Brothers and Horizon Beverage Company. The agreements further Constellation's continued strategy to simplify its distribution and broker network and go-to-market model. The initiative, which began in 2009, will now represent nearly 70 percent of the company's total U.S. wine and spirits business.
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