Reuters is reporting that Constellation has closed the Mondavi deal adding the Mondavi brands and reputation into its porfolio of beverage. Good news for stock holders, wait-and-see for wine lovers, big loss for Napa wine tradition – one of the pioneers of premium Napa wines with global reputations doesn’t own the rights to his own name any longer.
Technology. Wine. Family. (maybe not in that order)
Mondavi Seals the Deal