Constellation Brands
American alcohol company / From Wikipedia, the free encyclopedia
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Constellation Brands, Inc. is an American producer and marketer of beer, wine, and spirits. A Fortune 500 company,[3] Constellation is the largest beer import company in the US, measured by sales,[4] and has the third-largest market share (7.4 percent) of all major beer suppliers.[5] It also has sizable investments in medical and recreational cannabis through its association with Canopy Growth.[6] Based in Victor, New York, Constellation has about 40 facilities and approximately 9,000 employees.[7]
Company type | Public |
---|---|
Industry | Beverages |
Predecessor | Canandaigua Brands Inc |
Founded | 1945 (1945) |
Founder | Marvin Sands |
Headquarters | , U.S. |
Number of locations | United States, Mexico, New Zealand, Italy, Canada |
Key people | Rob Sands (Chairman) Richard Sands (Vice Chairman) Bill Newlands (CEO)[1] |
Products | Wine, beer, and spirits |
Revenue | US$9.355 billion (2021)[2] |
US$2.791 billion (2021)[2] | |
US$2.031 billion (2021)[2] | |
Total assets | US$27.104 billion (2021)[2] |
Total equity | US$13.921 billion (2021)[2] |
Number of employees | 9,300[3] (2021) |
Divisions |
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Website | cbrands |
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 Pacífico, 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.