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Sazerac Purchases Paul Masson Brandy

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New Orleans-based Sazerac has purchased the Paul Masson Grande Amber Brandy brand, related inventory and interests in certain contracts from New York-based Constellation Brands for a reported $255 million.

The deal is reportedly expected to close this month (January 2021).

Sazerac adds a middle/low-end brandy while Constellation Brands’ remaining spirits portfolio includes High West Whiskey.

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