CBrands Acquired Spirits-Based RTD Brand Spikeade
Constellation Brands, Inc. (NYSE: STZ) said it acquired SpikedAde, a differentiated, consumer-led, spirit-based, ready-to-drink (RTD) beverage brand competing in the emerging sports drink-inspired "Ade" segment.
The transaction includes a $75 million payment at close for 100% ownership of the business, plus up to
