Constellation Brands Inc is an American manufacturer of alcoholic beverage.
The company was founded in 1945 in New York, United States by businessman Marvin Sands. The firm, earlier known as Canandaigua Industries, was rebranded to Constellation Brands Inc in 2000.
It primarily markets and produces wines, beers and spirits in Australia, North America, Europe and New Zealand. In addition, the alcoholic beverage firm also holds a portfolio of branded imported beer and distilled spirits.
The New York based conducts its business through its wholly owned subsidiaries and joint venture agreements. The firm claims to be a part of the consumer staples product and beverages sub-industry in the United States.
The firm’s Class B series stocks trade under the symbol ‘STZ.B’ on the New York Stock Exchange.
The alcoholic beverage firm provides a variety of beer, spirits and wine products under the following brands:
• Corona Hard Seltzer
• Four Corners
• Modelo Especial
• Mi Campo
• Casa Noble Tequila
• Corona Extra
With a history of over 75 years, the firm claims to provide its consumers with quality products. It reportedly focuses on the inclusion and diversity and claims to employ people from different nationalities.
The New Yor-based firm provides different alcoholic beverage products through Ravenswood Winery, Kim Crawford Wines Limited, Ruffino, Funky Buddha Brewery, Barton Incorporated, Crown Imports, Brookland Valley Estate Pty Ltd, Simi Winery, BEW LLC Vincor International Inc and Robert Mondavi Winery.
The firm further claims to focus on strategic wine partnership in the industry, representing over 200 partners as of 2021. The company has reportedly developed 50 new products lines with collaboration with other beer, wine and spirit manufacturers. Apart from alcoholic products, Constellation Brands Inc provides bulk and shipping storage services.
The alcoholic beverage firm owns and operates through 17 wineries located across California. It reportedly produces 34 million hectoliters of alcohol base for use in different products through its facilities located in Mexico.