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Gallo Acquires 30 Brands, Six Wineries from Constellation Brands in $1.7 Billion Deal - Reactions

April 04, 2019

The transaction is estimated to give Gallo about 22 percent market share by volume of the US wine market ... In addition to Clos du Bois, Gallo is acquiring the following wineries: Mission Bell, Turner Road Vintners and Wild Horse in California; Hogue Cellars in Washington, and Canandaigua in New York. ... Gallo expected to slot these brands into its existing portfolio effectively and develop new brand strategies to attract younger consumers ... Gallo's expansion in Washington State greeted with enthusiasm ...