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Wine industry poised for opportunity amid climate change, big M&A deals: Rabobank

May 30, 2019

We also continue to see strategic deal activity with outcomes benefiting parties with differing goals and needs. E. & J. Gallo's recent portfolio purchase of some of Constellation Brands' lower-priced assets underscores the positives for both sides of a deal when each party has a clear understanding of the type of business they are focusing on. In this scenario, Constellation is able to continue its focus on premiumization and Gallo creates more opportunity in a sector it performs well in, leveraging its strong presence with entry level consumers.