Foster’s Portfolio Grows
Fosters just keeps getting bigger and bigger, this time offering a bid to purchase Southcorp, to become the second largest wine company behind Constellation Brands Inc. Holding will now include brands like Penfolds, Lindemans, Rosemount, on top of it’s current holdings of Wolf Blass, Yellowglen, Saltram, Chateau St. Jean, Chateau Souverign, and Beringer, among others, which will create annual sales of nearly 2 billion. Number three in the world is Gallo of Sonoma.
