Constellation Brands

Constellation Brands in its strategic investment and minority stake in Canopy Growth Corporation

Client

Constellation Brands

Value

$245 million

Service

Mergers and Acquisitions

Date Closed

November 2017

Lead Office

Toronto


 

On November 2, 2017, Constellation Brands closed its previously announced acquisition of a minority stake in Canopy Growth Corporation. The investment of $245 million represents a minority ownership interest of 9.9% of Canopy Growth.

Constellation Brands is a Fortune 500 company and a leading, international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. 

Canopy Growth is a leading diversified cannabis company based in Smiths Falls, Ontario, Canada.

 


Team