Schrader Cellars Entrusts Constellation Brands with Highly-Coveted, Critically-Acclaimed Wine Portfolio

VICTOR, N.Y., June 16, 2017 - Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading premium wine company, announced that it has enhanced its fine wine portfolio with the purchase of Schrader Cellars' iconic wines. The Schrader Cabernet Sauvignon portfolio, sourced from the premier vineyards of Napa Valley, including the famed Beckstoffer To Kalon Vineyard in Oakville, is the highest-rated American Cabernet Sauvignon portfolio with a total of nineteen 100-point ratings from Wine Advocate, Wine Spectator and jamessuckling.com. The agreement includes vineyard sourcing, current inventories, and eight Schrader Cabernet Sauvignons. 

"The journey for Schrader Cellars and Constellation Brands is just beginning," said Schrader's award-winning winemaker Thomas Brown, who will work with the Constellation team and continue to lead all aspects of the winemaking from vineyard to bottle. "With Constellation's expertise and high- quality vineyards, the potential for these wines is endless."

"Knowing Constellation's reputation for valuing quality, integrity and customer focus as much as we do, there was no question in my mind that they are the perfect steward of Schrader wines moving forward," said founder Fred Schrader. "We are impressed by their talented, dedicated team and passionate winemakers. I look forward to working with Constellation to take great care of the wines I've dedicated a significant part of my life cultivating."

The decision to collaborate with Constellation for the future of Schrader's fine wines was facilitated by Carol Schrader and Constellation Brands Chief Operating Officer, Bill Newlands, who have worked together in past wine endeavors.

Founded in 1998, Schrader Cellars' namesake wines, Schrader CCS and Schrader Old Sparky, both sourced from the Beckstoffer To Kalon Vineyard, were awarded 100 points from Robert Parker, of Wine Advocate for three consecutive vintages and are the only wines in the history of the Wine Spectator blind tasting program to achieve perfect 100-point scores upon release. The portfolio also includes Schrader Beckstoffer To Kalon Vineyard Cabernet Sauvignon, Schrader GIII Beckstoffer Georges III Cabernet Sauvignon, Schrader LPV Beckstoffer Las Piedras Vineyard Cabernet Sauvignon, Schrader RBS Beckstoffer To Kalon Vineyard Cabernet Sauvignon, Schrader T6 Beckstoffer To Kalon Vineyard Cabernet Sauvignon, and Schrader Colesworthy Beckstoffer Las Piedras Vineyard Cabernet Sauvignon. The superior-quality limited-production wines are sold direct-to-consumer through a mailing list with an exclusive offering available in fine dining establishments. The collection will join Constellation's newly established fine wine organization, TRU Estates and Vineyards - a team specialized in servicing luxury wine consumers and customers.