Searched for publicly traded companies primarily engaged in the wine business and can only come up with two: Mondavi (MOND) and Chalone (CHLN).
Constellation Brands (STZ) sell wine *and* beer, so not primarily a wine company.
Any other suggestions that I may have overlooked?
Thanks.
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Leo Bueno
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A
Al Rudderham
Vincor trades on the TSX (Toronto) under symbol VN. You can see a list of brands at
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Richard Neidich
Seagrams used to own some wineries and dist. for others.
Are they public?
D
Dale Williams
Leo, are you only looking for US companies? I think Southcorp and Constellation (both Oz, though Constellation owns Canandaigua Brands) are public, Louis Vuitton Moet Hennessy too. In US on much smaller scale Willamette Valley Vineyards & Scheid are on NASDAQ I think. Beringers was publicly traded, but I think someone took them over? Dale
Dale Williams Drop "damnspam" to reply
V
Vino
They were bought by Foster's, an Australian beer and wine company.
Vino To reply, add "x" between letters and numbers of e-mail address.
J
J~
Willamette Valley Vineyards in Oregon, I believe is still publicly traded.
J~
Leo Bueno wrote:
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James Dempster
They sold off pretty much all their alcohol interests about a year ago to Pernod-Ricard, a decision that was certainly welcomed in Speyside.
James James Dempster (remove nospam to reply by email)
You know you've had a good night when you wake up and someone's outlining you in chalk.
V
Vino
True. And in the case of Foster's, it's the wine business that's hurting them right now. Beer seems to be selling well. I don't know much about the beer business, but my sense is that it has no counterpart to an oversupply of grapes, which is one of the main reasons the wine business is hurting just about everywhere today.
Vino To reply, add "x" between letters and numbers of e-mail address.
M
Michael Pronay
Sure? Wasn't that Diageo?
M.
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James Dempster
To quote from the Pernod Ricard website
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"Via its subsidiaries, Pernod Ricard produces and distributes prestigious brands in many categories of spirits and wines. The key brands are : Chivas Regal, Clan Campbell, Havana Club, Jacob's Creek, Jameson, Martell, Pastis 51, Ricard,Ramazzotti, Seagram's Gin, The Glenlivet, Wild Turkey.
The other strategic brands are : Royal Salute, Bushmills, Olmeca, Wyborowa, Four Roses, Sandeman.
The key local brands are : 100 Pipers, Larios, Suze, Ararat, Royal Stag, Dita, Montilla, Becherovka, Blenders Pride, Something Special."
Further down the website is a report of its refinancing of various loans used for its acquisition of Seagram in March 2001 and a search on the press release part shows
"Paris, December 19, 2000 Pernod Ricard announces that it has, jointly with Diageo, signed an agreement to purchase the Seagram Spirits and Wine business from Vivendi Universal for US$ 8.15 billion in cash, on a debt free basis. Pernod Ricard will contribute approximately US$
3.15 billion (? 3.7 billion) or 38.6% of the total purchase price. Pernod Ricard and Diageo will split the Seagram business based on the Framework Agreement signed between the two companies as previously announced."
According to the Diageo website
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"The acquisition will result in Diageo obtaining Crown Royal and VO Canadian whiskies, Captain Morgan rum and 7 Crown American whiskey. Each have leading positions in their categories and Diageo will gain the scale to achieve significant distribution efficiencies. Diageo is also acquiring wine businesses, principally Sterling Vineyards, which will be an important step in building a value-creating wine business.
Diageo is also obtaining several brands with attractive local positions. These include Cacique rum in Venezuela and Spain, Windsor Premier Scotch whisky in Korea and Myers, a premium rum in the US."
James
James Dempster (remove nospam to reply by email)
You know you've had a good night when you wake up and someone's outlining you in chalk.
M
Michael Pronay
[Joint acquisition of Pernod-Ricard & Diageo]
Thank you for clarification.
M.
D
Dale Williams
Unsure if this has anything to do with this, but an ITB acquaintance warned me last month to be wary of deals in NJ on Seagrams-imported wines from older recent vintages. Apparently there is a large amount (mostly '97-'99 vintage French) on the wholesale auction block, with very questionable storage history.
Dale
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J
J. Harris
Slightly off topic: Mondavi Restructuring Will Reduce Family Control of Winery, Prompting Rumors of Sale
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larkin1734
There are a number of companies that own wineries as part of their larger holdings.
Allied Domecq. From their website, "Our wines include Clos du Bois, Callaway Coastal, Atlas Peak, William Hill Winery, Buena Vista from California, Bodegas Balbi from Argentina, Marques de Arienzo from Rioja, Spain and Montana from New Zealand. Our champagne brands include Mumm and Perrier-Jouët."
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Fortune Brands. Again, wine is a small part of their business, but they own Geyser Peak, Canyon Road, and Wild Horse.
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Brown_Forman.
One.6 Chardonnay and One.9 Merlot
Fetzer California Wines Korbel California Champagnes and Wines Bel Arbor California Wines Bonterra California Wines Jekel California Wines Sonoma-Cutrer California Wines Mariah California Wines Bolla Italian Wines Fontana Candida Italian Wines Michel Picard French Wines
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UST owns Chateau Ste. Michelle, Columbia Crest, Northstar, Snoqualmie, Conn Creek and Villa Mt. Eden labels,and, Domaine St. Michelle.
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