Constellation Brands

Constellation Brands, Inc.
Company typePublic
IndustryBeverages
PredecessorCanandaigua Brands Inc
Founded1945; 79 years ago (1945)
FounderMarvin 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]
ProductsWine, beer, and spirits
RevenueIncrease US$9.355 billion (2021)[2]
Increase US$2.791 billion (2021)[2]
Increase US$2.031 billion (2021)[2]
Total assetsDecrease US$27.104 billion (2021)[2]
Total equityIncrease US$13.921 billion (2021)[2]
Number of employees
9,300[3] (2021)
Divisions
  • Beer Division
  • Wine & Spirits Division
Websitecbrands.com

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 Rochester, New York, Constellation has about 40 facilities and approximately 9,000 employees.[7]

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.

  1. ^ "Fiscal Year 2019 Summary Annual Report" (PDF). Constellation Brands. p. 4. Retrieved September 11, 2019.
  2. ^ a b c d e "Constellation Brands, Inc. 2020 Annual Report". cbrands.gcs-web.com. February 28, 2021. Retrieved December 31, 2021.
  3. ^ a b "Constellation Brands". Fortune. Archived from the original on December 19, 2018. Retrieved February 11, 2022.
  4. ^ Brewers Association. "Sales of the leading beer import companies in the United States in 2015 (in million U.S. dollars)". In Statista - The Statistics Portal. Retrieved December 10, 2016.
  5. ^ Beer Marketer's Insights. "Beer Marketer's Insights - Major Supplier Shipments and Share: 2015 vs 2014". BeerInsights.com. Retrieved December 10, 2016.
  6. ^ Sheetz, Michael (August 15, 2018). "Corona beer maker Constellation ups bet on cannabis with $4 billion investment in Canopy Growth". CNBC. NBCUniversal. Retrieved September 11, 2019.
  7. ^ Constellation Brands. "Company Profile" (PDF). cbrands.com. Archived from the original (PDF) on August 9, 2017. Retrieved June 6, 2017.