The Corona-owner had beforehand acquired Copper & Kings in 2020 by the corporate’s incubator arm, Constellation Ventures, following preliminary funding in 2018.
The acquisition, for an undisclosed sum, was formally closed on 5 August,
“We plan to construct on Copper & Kings’ legacy by honouring its roots and persevering with to do issues our personal means, simply because the model all the time has,” stated Rob Bourdon, founding father of Bourdon Spirits Firm.
“We’re honoured to welcome Copper & Kings into our household and lead its subsequent chapter proper right here in Louisville. It is a model that respects custom whereas creating with a definite, American-made spirit. We’re excited to deliver American brandy to extra folks, in additional locations.”
Constellation Manufacturers has had a tough opening to fiscal 2026. In it’s first quarter outcomes, revealed in July, the group noticed natural gross sales of its wine and spirits decline by 21% and web gross sales fall 28% in the identical interval.
In April, the Excessive West-owner offloaded a variety of its wine manufacturers together with Woodbridge, Meiomi, Robert Mondavi Non-public Choice, to The Wine Group.
In the identical month, a lawsuit was filed in a New York court docket, that alleged the corporate had misled shareholders in regards to the development potential of its wine and spirits portfolio following a 7% decline in web gross sales throughout fiscal 2025.
