Insights and Stories on Grapes

Apr. 6, 2016 at 1:26 pm CDT

Reuters — Constellation Brands said on Wednesday it was considering taking a part of its Canadian wine business public and reported better-than-expected quarterly net sales, helped by strong demand for its premium Corona and Modelo beers. Shares of the New York-based wine, beer and spirits company, which forecast full-year profit […]

By Subrat Patnaik

Dec. 15, 2015 at 4:53 pm CST

Paris | Reuters –– French agricultural group InVivo is looking to acquire a wine distributor in the U.S. and could open up to 200 food shops in its home market as part of plans to double in size within a decade, InVivo’s CEO said on Tuesday. InVivo entered the wine […]

By Reuters

Oct. 15, 2015 at 3:26 am CDT

Zurich | Reuters — Bayer expects to pay wine growers compensation starting early next year after vineyards in Austria, France, Germany, Italy, Luxembourg and Switzerland reported 2015 crop damage possibly linked to one of the company’s fungicides. European grape growers reported deformed leaves and lower yields after using Bayer CropScience’s […]

By John Miller

Oct. 13, 2015 at 5:30 pm CDT

Sydney | Reuters –– Australia’s Treasury Wine Estates, the world’s biggest standalone wine maker, said Wednesday it had agreed to buy most of Diageo Plc’s U.S. and British wine operations for US$552 million (C$716 million). Treasury also announced a fully underwritten rights issue to raise around A$486 million (C$460 million) […]

By Reuters

Sep. 7, 2015 at 11:56 pm CDT

Zurich | Reuters — Germany’s Bayer has advised wine grape growers not to use its Moon Privilege fungicide until its Bayer CropScience arm has investigated whether there’s a connection between the product’s use and reported crop damage. Growers have reported deformed leaves and lower yields from their crops this year. […]

By Reuters