CANANDAIGUA BRANDS INC
8-K, 1998-11-25
BEVERAGES
Previous: CANADA SOUTHERN PETROLEUM LTD, 8-K, 1998-11-25
Next: CASH MANAGEMENT TRUST OF AMERICA, 485BPOS, 1998-11-25



                       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): November 25, 1998
                                                         -----------------

                          COMMISSION FILE NUMBER 0-7570


   DELAWARE               CANANDAIGUA BRANDS, INC.                 16-0716709
                               AND ITS SUBSIDIARIES:
   NEW YORK               BATAVIA WINE CELLARS, INC.               16-1222994
   NEW YORK               CANANDAIGUA WINE COMPANY, INC.           16-1462887
   NEW YORK               CANANDAIGUA EUROPE LIMITED               16-1195581
   ENGLAND AND WALES      CANANDAIGUA LIMITED                          ---
   NEW YORK               POLYPHENOLICS, INC.                      16-1546354
   NEW YORK               ROBERTS TRADING CORP.                    16-0865491
   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
   WISCONSIN              STEVENS POINT BEVERAGE CO.               39-0638900
   ILLINOIS               MONARCH IMPORT COMPANY                   36-3539106
   GEORGIA                THE VIKING DISTILLERY, INC.              58-2183528
(State or other          (Exact name of registrant as           (I.R.S. Employer
 jurisdiction of          specified in its charter)              Identification
 incorporation or                                                No.)
 organization)


            300 WillowBrook Office Park, Fairport, New York   14450
            -----------------------------------------------   -----
                (Address of principal executive offices)   (Zip Code)


        Registrant's telephone number, including area code (716) 393-4130
                                                           --------------


          -------------------------------------------------------------
          (Former name or former address, if changed since last report)


<PAGE>


ITEM 5.    OTHER EVENTS

     Canandaigua  Brands,  Inc.  released  on November  25,  1998 the  following
announcement:

         CANANDAIGUA BRANDS UPDATES STATUS OF MATTHEW CLARK ACQUISITION

Fairport, New York, November 25, 1998 -- Canandaigua Brands, Inc. (NASDAQ: CBRNA
and  CBRNB)  today  announced  that  its  cash  offer  to  purchase  all  of the
outstanding  ordinary shares of Matthew Clark plc (LSE:MTC) has been accepted by
holders  of  71,903,982  shares,  representing  approximately  81.2% of  Matthew
Clark's  existing  issued  ordinary  shares.  As such,  Canandaigua  Brands  has
declared the offer to be unconditional as to acceptances of the offer. The offer
will remain open for acceptance until further notice.

     Canandaigua  Brands  announced on November 3, 1998,  that it had launched a
cash offer for the  outstanding  ordinary  shares of Matthew Clark at a price of
243 pence per share.  With  approximately  88.5 million  shares of Matthew Clark
stock  outstanding,  the total  purchase  price of the shares is  expected to be
approximately (pound)215 million.

     Canandaigua  Brands,  Inc.,  headquartered  in Fairport,  New York,  is the
largest  single-source  supplier  of  imported  beers,  wines and spirits in the
United States.  The Company is the second largest marketer of imported beer, the
second  largest  wine  producer  and  marketer  and the fourth  largest  spirits
provider in the US.

     The Company's portfolio includes the following key brands:

BEER:  Corona Extra and Corona Light,  Modelo Especial, Pacifico,  Negra Modelo,
     St. Pauli Girl, Tsingtao and Point
WINE:  Almaden,  Inglenook,  Paul Masson, Richards Wild Irish Rose,  Arbor Mist,
     Cook's, Taylor, and Manischewitz
DISTILLED SPIRITS:  Barton, Fleischmann's, Paul Masson Grande Amber, Mr. Boston,
     Montezuma, Canadian LTD, Chi-Chi's, Ten High and Inver House


<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.


                                        CANANDAIGUA BRANDS, INC.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Senior Vice
                                             President and Chief Financial 
                                             Officer


                                  SUBSIDIARIES


                                        BATAVIA WINE CELLARS, INC.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Treasurer


                                        CANANDAIGUA WINE COMPANY, INC.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Treasurer


                                        CANANDAIGUA EUROPE LIMITED

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Treasurer


                                        CANANDAIGUA LIMITED

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Director 
                                             (Principal Financial Officer and
                                             Principal Accounting Officer)


                                        POLYPHENOLICS, INC.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President
                                             and Treasurer

<PAGE>

                                        ROBERTS TRADING CORP.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Treasurer


                                        BARTON INCORPORATED

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President


                                        BARTON BRANDS, LTD.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President


                                        BARTON BEERS, LTD.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President


                                        BARTON BRANDS OF CALIFORNIA, INC.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President


                                        BARTON BRANDS OF GEORGIA, INC.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President


                                        BARTON DISTILLERS IMPORT CORP.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President


                                        BARTON FINANCIAL CORPORATION

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President

<PAGE>

                                        STEVENS POINT BEVERAGE CO.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President


                                        MONARCH IMPORT COMPANY

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice President


                                        THE VIKING DISTILLERY, INC.

Dated:  November 25, 1998               By:  /s/ Thomas S. Summer
                                             --------------------------------
                                             Thomas S. Summer, Vice 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





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission