Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it acquired the remaining interest in Austin Cocktails, a rapidly growing, female-founded ready-to-drink cocktail company out of Austin, Texas. Best known for creating premium, award winning bottled and canned craft cocktails, Austin Cocktails was started by two sisters who launched the brand as an homage to their late grandfather, Fred. Fred’s focus on family and his love of good spirits inspired the co-founders, Jill Burns and Kelly Gasink, to create high quality bar-proof drinks in convenient, ready-to-drink (RTD) formats.