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Constellation Brands’ Venture Arm Acquires Stake in Crafthouse Cocktail

By September 30, 2015Top News, VIPs

crafthouse-productsConstellation Brands has acquired a minority stake in Crafthouse Cocktails, a producer of ready-to-drink, spirit-based cocktails. This investment is the first for Constellation Ventures, a newly-opened corporate enterprise within Constellation Brands focused on smaller investments and emerging categories in beverage alcohol. “Constellation Ventures connects us with entrepreneurial brands and technologies, and allows us to support consumer-proven products early in their lifecycle. We are excited to work with the forward-thinking team at Crafthouse as they continue to grow their brand and create new opportunities for consumers to enjoy a premium cocktail experience,” said Bill Newlands, Executive Vice President and Chief Growth Officer, Constellation Brands. Crafthouse Cocktails are created under the direction of renowned mixologist Charles Joly.

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