Constellation Brands Announces U.K. Joint Venture for Matthew Clark Wholesale Business.
PR Newswire Europe, April, 2007
FAIRPORT, New York, April 17 /PRNewswire/ --
- Punch Taverns Invests in Matthew Clark, the U.K.'s Leading Drinks Wholesaler and Distributor to the On-Trade Industry; Constellation Updates Fiscal 2008 Guidance
Constellation Brands, Inc. (NYSE: STZ, ASX: CBR), a leading international producer and marketer of beverage alcohol, today announced the formation of a joint venture with Staffordshire, England-based Punch Taverns plc that will reinforce Matthew Clark's position as the U.K.'s largest independent premier drinks wholesaler and distributor serving the on-trade drinks industry.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040119/STZLOGO )
Under the terms of the arrangement, Constellation Europe and Punch Taverns have each become 50...
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