Constellation Brands
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| Public | |
| Traded as | : STZ S&P 500 Component |
| Industry | Beverages |
| Predecessor | Canandaigua Brands Inc |
| Founded | 1945 |
| Founder | Marvin L. Sands |
| Headquarters | Victor, New York, United States |
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Area served
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North America, Europe, Australia, New Zealand |
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Key people
|
Richard Sands (Chairman) Robert Sands (President and CEO) |
| Products | Wine, beer, and spirits |
| Revenue |
 US$6.55 billion (2016)
|
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US$1.77 billion (2016)
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|
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US$1.05 billion (2016)
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| Total assets |
US$16.97 billion (2016)
|
| Total equity |
US$6.69 billion (2016)
|
|
Number of employees
|
9,000 (2016)
|
| Divisions | Constellation Wines North America, Constellation Wines Australia and Europe, Constellation Wines New Zealand, Crown Imports |
| Website | www |
Constellation Brands, Inc., of Victor, New York, is a publicly traded drinks company with brands in wine, beer and spirits. It is the largest beer import company measured by sales and has the third-largest market share (7.4 percent) of all major beer suppliers. The company is the largest wine producer in the world.
The company was established in 1945 by Marvin Sands in the Finger Lakes region of New York as Canandaigua Industries Company. Since that time, the company has grown through internal expansion and by acquisitions across all segments of the beverage alcohol industry.
In the fiscal year 2008, it had sales of over $3.77 billion. It operates about 40 production facilities, employs some 4,300, and markets its products worldwide.
The company owns more than 100 brands in wine, beer and spirits. Wine brands include Robert Mondavi, Clos du Bois, Franciscan Estates, Ravenswood, Blackstone, Nobilo, Kim Crawford, Inniskillin, Jackson-Triggs, Manischewitz and Arbor Mist. Beer brands include Corona, Modelo Especial, Negra Modelo, Pacífico, and Tocayo Brewing. Spirits brands include Black Velvet Canadian Whisky, Svedka Vodka and Paul Masson Grande Amber Brandy.
Robert Mondavi - Napa Valley Chardonnay
Manischewitz - Concord Grape
Corona Extra
Negra Modelo
Black Velvet Canadian Whisky
In 2010, a French court in Carcassonne, France, convicted 12 wine traders and producers for selling fake Pinot noir wine to buyers in the US, amongst them Constellation, in a scheme that lasted from January 2006 to March 2008. Constellation later faced and settled a class action lawsuit because it "should have known" that the wine was fake.
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Wikipedia