Australian Wine Holdco Limited, through its subsidiary Accolade Wines, has acquired the Pernod Ricard wine brands, creating a new wine giant.

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As US beverage giant Constellation Brands repositions its wine and spirits business, The Wine Group is acquiring six new brands.

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While global vineyard prices are decreasing, wine tourism hotspots remain stable. However, regions dominated by wineries are experiencing significant losses.

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After 80 years, the giant US company is exiting the wine business. Jeff Siegel reports.

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The men-in-suits at Constellation Brands appear to have decided to switch their attention to beer and spirits.

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Drinks giant Pernod Ricard is reportedly considering the sale of its Mumm Champagne brand. 

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Cavino aims to acquire GWC/Kourtaki, which would see the largest wine producer in the country purchasing the second-largest.

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The historic Napa Valley estate marks the couple's first joint project.

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Treasury Wine Estates, owners of Penfolds, one of the strongest wine brands in China, has bought a majority share in a Ningxia winery.

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