SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) June 23, 1994
______
Delaware Canandaigua Wine Company, Inc. and its 16-0716709
subsidiaries
New York Batavia Wine Cellars, Inc. 16-1222994
Delaware Bisceglia Brothers Wine Co. 94-2248544
California California Products Company 94-0360780
New York Guild Wineries & Distilleries, Inc. 16-1401046
South Carolina Tenner Brothers, Inc. 57-0474561
New York Widmer's Wine Cellars, Inc. 16-1184188
Delaware Barton Incorporated 36-3500366
Delaware Barton Brands, Ltd. 36-3185921
Maryland Barton Beers, Ltd. 36-2855879
Connecticut Barton Brands of California, Inc. 06-1048198
Georgia Barton Brands of Georgia, Inc. 58-1215938
New York Barton Distillers Import Corp. 13-1794441
Delaware Barton Financial Corporation 51-0311795
Wisoncsin Stevens Point Beverage Co. 39-0638900
New York Monarch Wine Company, Limited Partnership 36-3547524
Illinois Barton Management, Inc. 36-3539106
New York Vintners International Company, Inc. 16-1443663
_____________ _______________________________________ __________
(State or other (Exact Name of registrant as specified (I.R.S.
incorporation or in its charter) Employer
organization) Identification
Number)
116 Buffalo Street, Canandaigua, New York 14424
___________________________________________________________
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code (716)394-7900
_____________
Former Name, Former Adress and Former Fiscal Year, if Changed Since
Last Report
<PAGE>
Item 5. Press Release
On June 23, 1994, the Registrant issued the following press
release:
MADERA, CALIF., JUNE 22 - Heublein Inc., a U.S. subsidiary
of International Distillers and Vintners, the drinks sector of
Grand Metropolitan PLC, and New York based Canandaigua Wine
Company, Inc., announced today that they have signed a letter of
intent outlining the terms under which Canandaigua will acquire
Almaden and Inglenook wines from Heublein, as well as wineries in
Madera, Escalon, Paicines and Reedley, California. The transaction
is subject to negotiation of a definitive agreement, the receipt of
appropriate regulatory approvals and board approvals.
Under the proposed transactions, Canandaigua would also
acquire a grape juice concentrate business run by Heublein at the
Madera winery, as well as Heublein's minority interest in the
Madera Glass Company. For Heublein's fiscal year ended Sept. 30,
1993, net sales (excluding federal excise taxes) related to the
assets and business to be sold were approximately $235 million.
John McGrath, Chairman and Chief Executive of IDV and Director
of Grand Metropolitan, said: "This sale is an example of our long
term strategy of focusing on our premium brands, while reducing our
cost-base, so as to position us for continued future growth.
"The sale of Almaden and Inglenook and the wineries associated
with these brands allows us to concentrate on our portfolio of
vintage and varietal brands of California and imported wines. We
can now provide even stronger support for our highly successful
brands such as Beaulieu Vineyard, Blossom Hill and Glen Ellen."
Marvin Sands, Chairman of the Board of Canandaigua said: "This
acquisition will significantly improve Canandaigua's already strong
position as the number two wine producer in the industry by adding
to our portfolio Almaden and Inglenook, the third and sixth largest
selling wine brands in the United States." Sands added, "This
acquisition is consistent with our goal of achieving consistent
earnings performance through selective acquisitions of strong
brands and the integration of acquired businesses with our core
business to achieve economies of scale."
International Distillers and Vintners is the world's largest
wine and spirit business by volume. Heublein, based in Farmington,
Connecticut, produces, imports and markets more than 100 brands of
wines and spirits, including Beaulieu Vineyard, Glen Ellen, Blossom
Hill and Mouton Cadet wines, Smirnoff vodka, Jose Cuervo tequila,
Black Velvet Canadian whisky and Christian Brothers brandy. The
company's domestic wine business is managed by the San Mateo,
Calif.-based Heublein Wine division under the direction of
Christopher P. Mottern, Executive Vice President.
Canandaigua Wine Company, headquartered in Canandaigua, New
York, is the second largest wine producer, fourth largest marketer
of imported beers and eighth largest producer and marketer of
distilled spirits in the United States. The company's principal
brands include Corona beer, Richard Wild Irish Rose wines, Paul
Masson wines, Taylor California cellars wines, Cook's champagne,
St. Pauli Girl beer, Cribari wines, Manischewitz wines, J. Roget
champagne, Barton gin and vodka, Tsingtao beer, Ten High Bourbon
and Montezuma tequila. The company's wine business is managed by
Chris Kalabokes, Senior Vice President and President of the Wine
Division, headquartered in Canandaigua, New York.
The Registrant further indicated that the transaction is expected
to close at the end of July, 1994.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, each Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
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<S><C> CANANDAIGUA WINE COMPANY, INC.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, President and
Chief Executive Officer
SUBSIDIARIES
Batavia Wine Cellars, Inc.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice President
Bisceglia Brothers Wine Co.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands,Vice President
California Products Company
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice President
Guild Wineries & Distilleries, Inc.
Dated: June 23, 1994 By: s/Chris Kalabokes
Chris Kalabokes, Chief
Executive Officer
Tenner Brothers, Inc.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
<PAGE>
Widmer's Wine Cellars, Inc.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
Barton Incorporated
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
Barton Brands, Ltd.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
Barton Beers, Ltd.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
Barton Brands of California, Inc.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
Barton Brands of Georgia, Inc.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
Barton Distillers Import Corp.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
Barton Financial Corporation
Dated: June 23, 1994 By: s/David S. Sorce
David S.
Sorce, Vice President
Stevens Point Beverage Co.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
Monarch Wine Company, Limited
Partnership
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President Barton Management,
Inc., General Partner
Barton Management, Inc.
Dated: June 23, 1994 By: s/Richard Sands
Richard Sands, Vice
President
Vintners International Company,
Inc.
Dated: June 23 , 1994 By: s/Richard Sands
Richard Sands, President
<PAGE>
INDEX TO EXHIBITS
(1) Underwriting agreement
Not Applicable.
(2) Plan of acquisition, reorganization, arrangement, liquidation or
succession
Not Applicable.
(4) Instruments defining the rights of security holders, including
indentures
Not Applicable.
(16) Letter re change in certifying accountant
Not Applicable.
(17) Letter re director resignation
Not Applicable.
(20) Other documents or statements to security holders
Not Applicable.
(23) Consents of experts and counsel
Not Applicable.
(24) Power of attorney
Not Applicable.
(27) Financial Data Schedule
Not Applicable.
(99) Additional Exhibits
None.
</TABLE>
