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Constellation Wines renamed Accolade after Champ takeover

Constellation Wines Australia and Europe has been renamed Accolade Wines following the completed acquisition of an 80% share in the company by Australian equity group Champ.

Constellation sells its Australian, UK and South African wine businesses

Constellation Brands, hitherto, the world's leading wine company, has announced that it has sold its Australian and UK business, (Constellation Wines Australia and Europe, CWAE), to CHAMP, an Australian private equity group.