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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 ]
The brewery was sold to Constellation Brands for $1 billion in 2015. [4] Its distillery business was spun off to a new company, Cutwater Spirits, in 2017 and subsequently purchased by Anheuser-Busch in 2019. [5] In December 2019, Chicago-based brewery Kings and Convicts announced it was buying Ballast Point from Constellation for undisclosed ...
Grupo Modelo is a large brewery in Mexico that exports beer to most countries of the world. Its export brands include Corona, Modelo, and Pacífico. [1] Grupo Modelo also brews brands that are intended solely for the domestic Mexican market and has exclusive rights in Mexico for the import and distribution of beer produced by Anheuser-Busch. [1]
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Constellation Brands (STZ) acquires Four Corners to maintain its strong position in the beer space. The company is in the third spot in the high-end U.S. beer industry.
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 ...
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]
In early 2023, New Belgium acquired a production brewery in Daleville, Virginia from Constellation Brands, where they will focus on brewing Voodoo Ranger's Juice Force IPA and Fruit Force IPA. [14] On June 13, 2023, New Belgium Brewing CEO Steve Fechheimer stepped down after six years. [15]