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Altria will sell the Ste. Michelle wine business for $ 1.2 billion

The business will pass into the hands of the private equity firm Sycamore Partners Management

Altria entered into an agreement to sell its US business Ste. Michelle Wine Estates to private equity firm Sycamore Partners Management for approximately $ 1.2 billion. Ste. Michelle produces and sells high quality wines under various labels including Chateau Ste. Michelle, 14 Hands and Stag's Leap Wine Cellars. The company also imports and markets Antinori and Champagne Nicolas Feuillatte brand products...

hef - 19983
Washington D. C., Distretto di Columbia, Stati Uniti, 07/14/2021 06:09
EFA News - European Food Agency

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