Constellation Brands

Constellation Brands, Inc. is an American producer and marketer of beer, wine, and spirits. A Fortune 500 company, Constellation is the largest beer import company in the US, measured by sales, and has the third-largest market share (7.4 percent) of all major beer suppliers. It also has sizable investments in medical and recreational cannabis through its association with Canopy Growth. Based in Victor, New York, Constellation has about 40 facilities and approximately 9,000 employees.

Constellation Brands, Inc.
Company typePublic
Traded as
  • NYSE: STZ (Class A)
    S&P 500 component
IndustryBeverages
PredecessorCanandaigua Brands Inc
Founded1945 (1945)
FounderMarvin Sands
Headquarters
Victor, New York
,
U.S.
Number of locations
United States, Mexico, New Zealand, Italy, Canada
Key people
Rob Sands
(Chairman)
Richard Sands
(Vice Chairman)
Bill Newlands
(CEO)
ProductsWine, beer, and spirits
Revenue US$9.355 billion (2021)
US$2.791 billion (2021)
Net income
US$2.031 billion (2021)
Total assets US$27.104 billion (2021)
Total equity US$13.921 billion (2021)
Number of employees
9,300 (2021)
Divisions
  • Beer Division
  • Wine & Spirits Division
Websitecbrands.com

The company has more than 100 brands in its portfolio. Wine brands include Robert Mondavi, Kim Crawford, Meiomi, Simi Winery, Ruffino, and The Prisoner Wine Company. Constellation's beer portfolio includes imported brands such as rights in the United States to Corona, Modelo Especial, Negra Modelo, and PacĂ­fico, as well as American craft beer producer Funky Buddha. Spirits brands include Svedka Vodka, Casa Noble Tequila and High West Whiskey, Nelson's Green Brier Tennessee Whiskey.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.