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Constellation Brands
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Constellation Brands, Inc., headquartered in Fairport, New York, is a large international producer and marketer of beverage alcohol brands with a large portfolio of products including wine, imported beer and spirits. Constellation is the largest wine company in the world; the largest multi-category supplier of beverage alcohol in the United States; a producer and exporter of wine from Australia and New Zealand; and a producer and independent drinks wholesaler in the United Kingdom.
tellation was founded in 1945 as a wine manufacturer and has over 200 beverage alcohol brands over two operating divisions - Constellation Wines and Constellation Beers & Spirits.
The company is the world's largest wine producer by volume.
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Encyclopedia
Constellation Brands, Inc., headquartered in Fairport, New York, is a large international producer and marketer of beverage alcohol brands with a large portfolio of products including wine, imported beer and spirits. Constellation is the largest wine company in the world; the largest multi-category supplier of beverage alcohol in the United States; a producer and exporter of wine from Australia and New Zealand; and a producer and independent drinks wholesaler in the United Kingdom.
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Constellation was founded in 1945 as a wine manufacturer and has over 200 beverage alcohol brands over two operating divisions - Constellation Wines and Constellation Beers & Spirits.
The company is the world's largest wine producer by volume. Operations in the United States are organized under at least three semi-independent entities, Constellation Wines (previously Canandaigua Wine), Pacific Wine Partners and Icon Estates (its luxury division, previously Franciscan Estates). Total production was 57 million cases in 2006, making it the second largest in the United States. Among its U.S. brands are Franciscan Oakville Estate, Simi Winery, Ravenswood Winery, and Arbor Mist. The company also produces, markets and sells wines throughout the world. It operates the leading independent drinks wholesaler and a cider business in the United Kingdom, and produces bulk wine and other related products. Portfolio companies include Constellation Wines Australia and Nobilo in Australasia, and Veramonte and Marcus James in South America.
Constellation Beers & Spirits is one of the largest producers and marketers of distilled spirits in the United States. Some of this division's brands include Corona Extra and Corona Light, Modelo Especial, Tsingtao, St. Pauli Girl, Black Velvet, Fleischmann's, Chi-Chi's and Paul Masson Grande Amber Brandy.
As of 2005 Constellation operated over 43 production facilities, had approximately 7,500 employees and sold its products in more than 60 countries in North America, South America, Europe and Australasia. 2006 income was approximately $5.3 billion.
In 2001 Constellation acquired Corus Brands, in 2002-2003 Constellation acquired BRL Hardy (Australia), in 2004 Constellation acquired Mondavi USA, and 2005-2006, Constellation announced it was buying Vincor International, a Canadian winemaker, for $1.44 Billion USD.
In November 2007 Constellation announced a purchase of Fortune Brands' wine operations for $885 million, a transaction that adds of vineyards, several major brands such as Clos du Bois, and 2.6 million cases per year of "super-premium" class wine production. However, in January 2008, Constellation announced a planned sale of the Almaden Vineyards, Inglenook Winery and the Paul Masson winery in Madera, California assets it purchased from Fortune Brands to The Wine Group for $134 million in cash.
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