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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 ]
Marvin Sands founded the Canandaigua Wine Company in 1945, aged 21. [6] By 1980, its annual sales topped $50 million, was renamed Constellation Brands in 2000, and has acquired numerous companies including Robert Mondavi wine and Svedka vodka. [6] In 2013, it acquired the US rights to Grupo Modelo beers including Modelo and Corona. [6]
His father, Marvin Sands, founded the Canandaigua Wine Company in 1945, aged 21. [4] By 1980, its annual sales topped $50 million, and was renamed Constellation Brands in 2000, and has acquired numerous companies including Robert Mondavi wine and Svedka vodka. [4] In 2013, it acquired the US rights to Grupo Modelo beers including Modelo and ...
Corona-maker Constellation Brands Inc cut its 2019 profit outlook on Wednesday, citing weakness in wine and spirits sales and costs related to its investment in a Canadian pot producer, sending ...
Booze giant Constellation Brands is having trouble doing anything wrong. The company, which owns a variety of brands from Corona to Robert Mondavi wines, has seen its stock rise more than 110% in ...
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