Constellation Wines Australia and Europe Becomes Accolade Wines
Constellation Wines Australia and Europe, which was sold recently by Constellation Brands to Australian private equity firm Champ in a deal worth A$290m, has been renamed Accolade Wines.
Accolade Wines is the number one wine company by volume in the UK and Australia, with a portfolio of brands ranging from the historic Hardys, the number one Australian wine brand in the UK and significant wine brand in Mainland Europe, through to Kumala, the number one South African wine brand in the UK. The UK portfolio also includes Echo Falls, the third largest wine brand in the UK, Stowells, the number one wine brand in the on-premise trade, Banrock Station (Australia), the UK’s number one environmentally-friendly wine brand and South African Fish Hoek and Flagstone. The portfolio also includes various other premium branded wines and a Wine Fusion portfolio including Stone’s Ginger Wine, Stone’s Ginger Joe alcoholic ginger beer and Babycham.
The Australian portfolio includes Hardys, the 175-year-old Houghton label, Banrock Station, Omni, Goundrey, Brookland Valley, Berri Estates, Stanley, Amberley, Moondah Brook, Leasingham, Tintara, Tasmanian label Bay of Fires, plus sparkling brands House of Arras and Yarra Burn.
Accolade Wines is headquartered at Reynella, South Australia, and has offices in Guildford (Surrey, UK), Bristol, Sydney, Brisbane, Perth, Melbourne, Singapore, Stellenbosch, Tokyo, Moscow and Amsterdam. The company has more than 1800 employees in Australia, the UK, Europe, Asia and South Africa.
Constellation Brands has retained a 20% stake in the business.