Constellation Brands, Inc., a Fortune 500 company, is an American producer and marketer of beer, wine, and spirits. 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 investments in medical and recreational cannabis.
How many beer brands does Constellation Brands own?
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 Corona, Modelo Especial, Negra Modelo, and Pacífico, as well as American craft beer producer Funky Buddha.
What does Constellation Brands do?
Constellation Brands. Constellation Brands, Inc., a Fortune 500 company, is an international producer and marketer of beer, wine and spirits. Constellation is the largest beer import company measured by sales, and has the third-largest market share (7.4 percent) of all major beer suppliers. Based in Victor, New York,...
Is constellation a Fortune 500 company?
Constellation Brands, Inc., a Fortune 500 company, is an American producer and marketer of beer, wine, and spirits. 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.
Is constellation owned by Modelo?
Constellation had formerly imported Corona and other Modelo brands to the United States and acquired the US rights to those brands as a part of an anti-trust settlement permitting Modelo's acquisition by Anheuser-Busch InBev. It now produces its own versions of those products for the US, with Modelo serving all other countries.
What is Constellation Brands?
Where is Constellation Brands located?
How much did Constellation pay for Canopy Growth?
Who owns Accolade Wines?
How much did Canopy invest in 2018?
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What beers Constellation owns?
Constellation is the world leader in premium wine, the number one beer importer and the number three beer company in the U.S. The company's brand portfolio includes Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Pacifico, Ballast Point, Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, ...
What whiskey does Constellation Brands own?
Spirits brands include Svedka Vodka, Casa Noble Tequila and High West Whiskey, Nelson's Green Brier Tennessee Whiskey.
What does Constellation company do?
About Constellation We are the nation's largest producer of carbon-free energy and the leading competitive retail supplier of power and energy products and services for homes and businesses across the United States.
Who did Constellation Brands buy?
Constellation Brands acquired a minority stake in premium canned wine brand Archer Roose for an undisclosed amount, the companies said in a statement. The investment was made through Constellation's venture group as a part of its broader commitment to devote $100 million to women-led or -founded start-ups by 2028.
What Tequila does Constellation Brands own?
Casa Noble super premium tequilaCasa Noble super premium tequila is a high-quality brand that has posted consistent, double-digit growth. The award-winning Casa Noble family of tequilas includes Casa Noble Crystal, Reposado and Añejo as well as limited production of several other higher-end Casa Noble tequilas.
Who owns Meiomi wine?
Constellation BrandsAbout Constellation Brands Constellation is the number three beer company in the U.S. with high-end, iconic imported brands including Corona Extra, Corona Light, Modelo Especial, Negra Modelo and Pacifico.
Is Constellation Energy a good stock to buy?
Is Constellation Energy Stock a good buy in 2022, according to Wall Street analysts? The consensus among 14 Wall Street analysts covering (NASDAQ: CEG) stock is to Strong Buy CEG stock.
Is Constellation Brands a good company to work for?
Is Constellation Brands a good company to work for? Constellation Brands has an overall rating of 4.3 out of 5, based on over 552 reviews left anonymously by employees. 88% of employees would recommend working at Constellation Brands to a friend and 87% have a positive outlook for the business.
What are the 7 major constellations?
For this infographic, we've picked 7 most prominent constellations from both the Northern and Southern hemispheres: Ursa Major, Cassiopeia, Orion, Canis Major, Centaurus, Crux, and Carina.
Who owns Barefoot wine?
E & J Gallo WineryBarefoot Wine, produced by Modesto-based Barefoot Cellars, was purchased by E & J Gallo Winery in 2005.
Is Constellation a Fortune 500 company?
Constellation Brands | 2022 Fortune 500 | Fortune.
Who owns Carlo Rossi wine?
E. & J. GalloCarlo Rossi is a California-based value wine brand established and owned by the beverage giant E. & J. Gallo. It produces a number of red and white table wines all under the broad California designation, and is famous for its jug wines, which are larger than a standard bottle and have become iconic to the brand.
Who owns High West Whiskey?
Constellation BrandsHigh West Distillery / Parent organizationWith High West, which has experienced double-digit volume growth year over year for the past three years, Constellation Brands enters the dynamic and profitable high-end craft whiskey segment.
Who bought High West Distillery?
Constellation BrandsBusiness • Constellation Brands to take over, says Utah operations to continue.
What brands does Gallo own?
E & J Gallo WineryLocationModesto, California, United StatesOther labelsDon Miguel Gascon, Louis Martini, Ecco Domani, Mirassou Winery, New Amsterdam, J Vineyards, Barefoot, Apothic, Shellback rum among othersFounded1933Key peopleErnest Gallo (founder) Julio Gallo (founder) Gina Gallo (winemaker) Stephanie Gallo4 more rows
How much of canopy growth does constellation own?
Constellation Brands, Inc. (STZ) owns an overwhelming portion of the shares and before this exchange owned 142.25 million shares at a cost basis of $5.49 Billion CAD (about $4.25 billion USD) or $38.59 CAD per share (about $30 USD per share).
Constellation Brands, Inc. -- Company History
Statistics: Public Company Incorporated: 1972 as Canandaigua Wine Company, Inc. Employees: 7,800 Sales: $4.46 billion (2004) Stock Exchanges: New York Ticker Symbol: STZ NAIC: 312120 Breweries; 312130 Wineries; 312140 Distilleries; 422810 Beer and Ale Wholesaling; 422820 Wine and Distilled Alcoholic Beverage Wholesalers; 312112 Bottled Water Manufacturing; 111332 Grape Vineyards
Constellation Brands | Beer Portfolio
Constellation Brands produces and markets many of the leading imported and craft beers in the U.S., including Corona Extra and Ballast Point. Explore all our beers.
Constellation Brands | Portfolio - Beer, Wine and Spirits
Constellation Brands is the #1 total beverage alcohol company in the U.S. Discover the iconic beer, wine and spirits brands you know and love.
Constellation Brands | STZ Stock Price, Company Overview & News - Forbes
Constellation Brands, Inc. engages in the production, marketing and distribution of beer, wine and spirits. It operates through the following segments:
Constellation Brands, Inc. (STZ) Stock Price, News, Quote ... - Yahoo!
Find the latest Constellation Brands, Inc. (STZ) stock quote, history, news and other vital information to help you with your stock trading and investing.
The 10 Largest Spirits Companies In The World – Zippia
Largest Spirits Companies Research Summary. The largest spirit company in the world is LVMH Moët Hennessy Louis Vuitton, with a revenue of $66.30 billion.. As of 2022, the global spirits industry has a market size of $484.40 billion.. Czechia Has the highest alcohol consumption in the world, at an average of 14.26 liters per person per year.. The global spirits market is projected to grow at ...
What is Constellation Brands?
Constellation Brands, Inc., a Fortune 500 company, is an American producer and marketer of beer, wine, and spirits. 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 investments in medical and recreational cannabis.
Where is Constellation Brands located?
Constellation Brands moved its headquarters to a 120,000 square feet (11,000 m 2) building on 11 acres (4.5 ha) in Victor, New York in 2009. Constellation Brands has expanded by acquiring other drinks companies.
How much did Constellation pay for Canopy Growth?
In October 2017, Constellation agreed to pay about C$245 million ($191 million) for a 9.9% stake in Canopy Growth Corporation, a Canadian seller of medicinal-marijuana products.
Who owns Accolade Wines?
In April 2018, Accolade Wines (acquired under the name BRL Hardy) was sold to private equity firm The Carlyle Group. Constellation had already in 2011 reduced its holdings in Accolade to 20%. In February 2019, Constellation announced it had acquired a minority stake in Black Button Distilling, a craft spirits distillery in Rochester, NY. In April 2019, Constellation announced a deal to sell wine brands, including Clos du Bois and Mark West, to E. & J. Gallo Winery for $1.7 billion. In July 2019, Constellation announced it had acquired a minority stake in Montanya Distillers, a craft-rum distillery in Crested Butte, Colorado and a majority stake in Nelson's Green Brier Distillery, a revival of the original Green Brier Tennessee Whiskey and Belle Meade Bourbon labels in Nashville, TN. In December 2019, the sale of Ballast Point Brewing to Kings & Convicts Brewery of Illinois was announced. Terms were not disclosed. In July 2020, Constellation Brands acquired Empathy Wines, co-founded by entrepreneur Gary Vaynerchuk. On September 15, 2020, it was announced Constellation Brands acquires craft spirits producer Copper & Kings American Brandy .
How much did Canopy invest in 2018?
In August 2018, the company announced that it would invest an additional US$4 billion in Canopy Growth Corporation in advance of the legalization of recreational cannabis in Canada in October that year.
A Legacy of Pushing Boundaries
At Constellation Brands, we’ve always kept one question top-of-mind: “What’s next?”
Company Profile
Explore a vision that’s worth reaching for in this interactive Company Profile
What is Constellation Brands?
Constellation Brands, Inc. engages in the production, marketing and distribution of beer, wine and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other and Canopy. The Beer segment includes imported and craft beer brands. The Wine and Spirits segment sells wine brands across all categories-table wine, sparkling wine and dessert wine-and across all price points. The Corporate Operations and Other segment comprises of costs of executive management, corporate
Who makes cbd infused water?
Canopy Growth Corporation, the Canadian cannabis firm backed by New York-based alcohol company Constellation Brands, has officially launched its CBD-infused sparkling waters in the United States.
Does Quantalytics consider financial condition?
Data, information, or opinions contained in Quantalytics in any form give no consideration to any particular individuals' investment needs or objectives, nor do they consider any individuals' financial condition. Consequently, any such data, information, or opinions do not in any way represent a personal recommendation to any individual investor or any entities, whatever the type.
What is Constellation brand?
Constellation Brands manufactures over 100 brands in its product range and is best known for iconic brands such as Svedka Vodka Arbor Mist, Black Velvet Canadian Whiskey, Corona Extra and Modelo Especial.
Where is Constellation Brands located?
dollars in that year. The company is headquartered in Victor, NY , United States and was founded in 1945.
How many employees does Constellation have?
Constellation Brands had about 9,000 employees globally in 2019 and is reported to be the number one premium wine producer around the world, the number three U.S. beer company, the number one wine company in Canada and the number one producer of New Zealand wine.
How much did Constellation spend on advertising?
In total, Constellation Brands spent over 769 million U.S. dollars on advertising worldwide in 2020. This text provides general information.
Beer, not pot, is the alcoholic beverage maker's strength, but the cannabis stock keeps generating losses
Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.
Key Points
Constellation Brands' beer sales continue to show strength, with Corona and Modelo depletions surging.
Beer hasn't gone flat for Constellation
Constellation Brands said net sales of $2.32 billion were 4.9% lower than last year, but they still eked out a gain over analyst consensus estimates by $40 million.
Cannabis still causing headaches
The same strength can't be said of its partnership with Canopy Growth ( NASDAQ:CGC), the Canadian cannabis company Constellation invested $4 billion into in 2017 in what became a green rush among giant corporations to stake claims in the budding pot market.
Cashing in on a growing trend
Speaking of partnerships, Constellation Brands also announced it was entering into one with Coca-Cola ( NYSE:KO) to produce ready-to-drink (RTD) beverages under the soda maker's Fresca brand.
A stock ready to pop?
Still, the RTD space is very crowded, and Constellation is going to be spending between $5 billion and $5.5 billion on upgrading its brewery capacity in Mexico between now and fiscal 2026. That is going to constrain Constellation's ability to expand earnings, even without the drag of marijuana on its operations.
What is Constellation Brands?
Constellation Brands, Inc., a Fortune 500 company, is an American producer and marketer of beer, wine, and spirits. 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 investments in medical and recreational cannabis.
Where is Constellation Brands located?
Constellation Brands moved its headquarters to a 120,000 square feet (11,000 m 2) building on 11 acres (4.5 ha) in Victor, New York in 2009. Constellation Brands has expanded by acquiring other drinks companies.
How much did Constellation pay for Canopy Growth?
In October 2017, Constellation agreed to pay about C$245 million ($191 million) for a 9.9% stake in Canopy Growth Corporation, a Canadian seller of medicinal-marijuana products.
Who owns Accolade Wines?
In April 2018, Accolade Wines (acquired under the name BRL Hardy) was sold to private equity firm The Carlyle Group. Constellation had already in 2011 reduced its holdings in Accolade to 20%. In February 2019, Constellation announced it had acquired a minority stake in Black Button Distilling, a craft spirits distillery in Rochester, NY. In April 2019, Constellation announced a deal to sell wine brands, including Clos du Bois and Mark West, to E. & J. Gallo Winery for $1.7 billion. In July 2019, Constellation announced it had acquired a minority stake in Montanya Distillers, a craft-rum distillery in Crested Butte, Colorado and a majority stake in Nelson's Green Brier Distillery, a revival of the original Green Brier Tennessee Whiskey and Belle Meade Bourbon labels in Nashville, TN. In December 2019, the sale of Ballast Point Brewing to Kings & Convicts Brewery of Illinois was announced. Terms were not disclosed. In July 2020, Constellation Brands acquired Empathy Wines, co-founded by entrepreneur Gary Vaynerchuk. On September 15, 2020, it was announced Constellation Brands acquires craft spirits producer Copper & Kings American Brandy .
How much did Canopy invest in 2018?
In August 2018, the company announced that it would invest an additional US$4 billion in Canopy Growth Corporation in advance of the legalization of recreational cannabis in Canada in October that year.
