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Constellation Brands

January 07, 2023

Constellation Brands, Inc., a Fortune 500 company,[3] is an American producer and marketer of beer, wine, and spirits. 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] It also has investments in medical and recreational cannabis.[6] Based in Victor, New York, Constellation has about 40 facilities and approximately 9,000 employees.[7]

Constellation Brands, Inc.
Constellation Brands' headquarters a 120,000 square feet (11,000 m2) building on 11 acres (4.5 ha) located in Victor, New York.
TypePublic
IndustryBeverages
PredecessorCanandaigua Brands Inc
Founded1945 (1945)
FounderMarvin Sands
Headquarters
Victor, New York
,
U.S.
Number of locations
United States, Mexico, New Zealand, Italy, Canada
Key people
Rob Sands
(Chairman)
Richard Sands
(Vice Chairman)
Bill Newlands
(CEO)[1]
ProductsWine, beer, and spirits
Revenue US$9.355 billion (2021)[2]
US$2.791 billion (2021)[2]
US$2.031 billion (2021)[2]
Total assets US$27.104 billion (2021)[2]
Total equity US$13.921 billion (2021)[2]
Number of employees
9,300[3] (2021)
Divisions
  • Beer Division
  • Wine & Spirits Division
Websitecbrands.com

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. Spirits brands include Svedka Vodka, Casa Noble Tequila and High West Whiskey, Nelson's Green Brier Tennessee Whiskey.

History

Early days

The company was established in 1945 by Marvin Sands in the Finger Lakes region of New York as Canandaigua Industries, selling bulk wine to bottlers in the eastern United States.[8] In its first year, the company sold approximately 200,000 gallons of wine and had gross sales of $150,000.[9] The company was incorporated as Canandaigua Wine Company, Inc. in 1972 and went public in 1973.[10] Marvin's son Richard Sands became president in 1993 and CEO in 1996.[8] In 1999, Marvin Sands died following a brief illness.[8]

In 1987, the company purchased the Manischewitz winery in Canandaigua, New York, and continues to license the Manischewitz name from R.A.B. Foods.[11] In 1998 it acquired Matthew Clark in the United Kingdom, and after selling off its cider business, the Gaymer Cider Company, sold half of the business to Punch Taverns.[citation needed]

Expansion

In 2000, the company changed its name to Constellation Brands, Inc. to reflect the scope of the company and its range of brands.[9] In 2007, Rob Sands was named president and CEO.[12] During the 2000s, there were multiple acquisitions, with some divestments later in the decade. Acquisitions included BRL Hardy (Australia)[13] and Nobilo (New Zealand) in 2003; Robert Mondavi Corp. for $1 billion in 2004;[14] Vincor International, Canada's largest wine company, for $1.44 billion in 2006;[15] Spirits Marque One (owner of Svedka Vodka) in 2007;[16] and Beam Wines Estates, the wine operations of Fortune Brands (which included several major brands such as Clos du Bois) for $885 million in 2008.[17] The company later moved to a more premium wine portfolio, divesting Almaden Vineyards, Inglenook Winery, and the Paul Masson winery in Madera, California, in 2008,[18] and its value spirits portfolio to the Sazerac Company in 2009.[19] They sold 30 low-cost wine labels in January 2021 to E. & J. Gallo for $810 million including Clos du Bois.[20]

In 2013, Constellation acquired Grupo Modelo's US beer business from Anheuser-Busch InBev. The transaction included full ownership of Crown Imports LLC which provided Constellation with complete, independent control of all aspects of the US commercial business; a brewery in Mexico; exclusive perpetual brand license in the US to import, market and sell Corona and the Modelo brands and the freedom to develop brand extensions and innovations for the US market.[12] 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. In 2014, Constellation finalized a joint venture with Owens-Illinois and completed the acquisition of Anheuser-Busch InBev's glass production plant, located adjacent to the company's brewery in Nava, Mexico.[21]

In December 2015, Constellation announced the $1 billion acquisition of Ballast Point Brewing of San Diego.[22] In October 2016, Constellation announced the $160 million acquisition of High West Distillery of Park City, Utah.[23] In August 2017, Constellation announced the acquisition of Funky Buddha Brewery of Oakland Park, Florida.[24]

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%.[25][26] In February 2019, Constellation announced it had acquired a minority stake in Black Button Distilling, a craft spirits distillery in Rochester, NY.[citation needed] 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.[27] 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.[28][29] In December 2019, the sale of Ballast Point Brewing to Kings & Convicts Brewery of Illinois was announced. Terms were not disclosed.[30] In July 2020, Constellation Brands acquired Empathy Wines, co-founded by entrepreneur Gary Vaynerchuk.[31] On September 15, 2020, it was announced Constellation Brands acquires craft spirits producer Copper & Kings American Brandy. In February 2022, Constellation was reported to have approached Monster Beverage to enter into a merger with a combined valuation above $90 billion.[32]

Cannabis

In 2017, the company began investing in medical marijuana. In March 2019, Bill Newlands became CEO.[33] 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.[34] At the time of the agreement, Constellation became the first Fortune 500 company and the first major alcoholic beverage maker to take a minority stake in a marijuana business.[35] 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. The investment will increase its share in the Canadian Company to 38%. Canopy Growth president Bruce Linton said the additional funds would be used for international expansion and that future marketing plans included products such as cannabis-infused beverages and sleep aids.[6][36]

Controversies

In 2010, a French court in Carcassonne, France, convicted 12 wine traders and producers for selling fake pinot noir wine to buyers in the US, amongst them Constellation, in a scheme that lasted from January 2006 to March 2008. Constellation later faced and settled a class action lawsuit because it "should have known" that the wine was fake.[37]

In 2018 Constellation Brands was involved in a water rights dispute over a proposed manufacturing facility in the desert city of Mexicali, Baja California, Mexico. This water comes from the Colorado River, which not only provides Mexicali and the agricultural valley but is also piped to the mountain and coastal cities of Tijuana, Tecate, Rosarito and to some areas of Ensenada.[38]

In 2021, AB InBev sued Constellation Brands after the company launched two new Modelo-branded beers on the US market, arguing that the first beer illegally used the term tequila to describe the barrels where the beer was aged, and that the second beer was inappropriately using the term Bourbon to describe the barrels where the beer was aged because Bourbon has nothing to do with Mexico.[39]

References

  1. ^ "Fiscal Year 2019 Summary Annual Report" (PDF). Constellation Brands. p. 4. Retrieved September 11, 2019.
  2. ^ a b c d e "Constellation Brands, Inc. 2020 Annual Report". cbrands.gcs-web.com. February 28, 2021. Retrieved December 31, 2021.
  3. ^ a b "Constellation Brands". Fortune. Retrieved February 11, 2022.
  4. ^ Brewers Association. "Sales of the leading beer import companies in the United States in 2015 (in million U.S. dollars)". In Statista - The Statistics Portal. Retrieved December 10, 2016.
  5. ^ Beer Marketer's Insights. "Beer Marketer's Insights - Major Supplier Shipments and Share: 2015 vs 2014". BeerInsights.com. Retrieved December 10, 2016.
  6. ^ a b Sheetz, Michael (August 15, 2018). "Corona beer maker Constellation ups bet on cannabis with $4 billion investment in Canopy Growth". CNBC. NBCUniversal. Retrieved September 11, 2019.
  7. ^ Constellation Brands. "Company Profile" (PDF). cbrands.com. Retrieved June 6, 2017.
  8. ^ a b c Fisher, Lawrence (August 31, 1999). "Marvin Sands, Winery's Chairman, Dies at 75". The New York Times. Retrieved June 6, 2017.
  9. ^ a b Constellation Brands. "Constellation Brands | History and Heritage". Retrieved April 16, 2018.
  10. ^ Paulson, Lynn. "The birth of Canandaigua Industries". mpnnow.com. Retrieved April 14, 2018.
  11. ^ . Archived from the original on August 1, 2008. Retrieved 2008-09-06.
  12. ^ a b Doob, Rachael (February 22, 2015). "Get To Know Robert Sands, President of Constellation Brands". Grape Collective. Retrieved June 6, 2017.
  13. ^ Shaw, John (January 18, 2003). "Constellation Brands Agrees to Buy Australian Winery". The New York Times. Retrieved April 24, 2009.
  14. ^ . Wine Spectator. Archived from the original on January 1, 2009. Retrieved May 15, 2009.
  15. ^ "Constellation To Buy Vincor for $1.09 Billion". USA Today. April 3, 2006. Retrieved May 15, 2009.
  16. ^ "Constellation Brands to Buy Svedka Vodka". Reuters. February 6, 2007. Retrieved May 15, 2009.
  17. ^ Sam Zuckerman (November 13, 2007). "Constellation Brands buys several California premium wine labels". San Francisco Chronicle. Retrieved November 13, 2007.
  18. ^ Styles, Oliver (January 23, 2008). . Decanter.com. Archived from the original on April 19, 2008. Retrieved April 8, 2008.
  19. ^ Gershberg, Michele (January 12, 2009). "Constellation Sells Value Spirits for $334 Mln". Reuters UK. Retrieved May 15, 2009.
  20. ^ Dowd, Katie (May 9, 2021). "Mass layoffs at Bay Area winery after acquisition by Gallo". SFGATE. from the original on May 9, 2021. Retrieved May 10, 2021.
  21. ^ Towns, Chip (December 19, 2014). "O-I enters joint venture to co-own glass plant". The Blade. Retrieved June 6, 2017.
  22. ^ "Constellation to Buy Ballast Point Brewing for $1 Billion". November 16, 2015. Retrieved April 14, 2018 – via www.bloomberg.com.
  23. ^ Mickle, Tripp. "Constellation Brands Acquires High West Distillery for $160 Million". WSJ. Retrieved October 23, 2019.
  24. ^ "Craft Brewer Funky Buddha Joins Constellation Brands". Nasdaq. August 10, 2017. Retrieved August 10, 2017.
  25. ^ Macdonald, Anthony; Thompson, Sarah (April 5, 2018). "CHAMP secures $1b deal for Australian winemaker Accolade Wines". Australian Financial Review. Fairfax Media. Retrieved June 1, 2018.
  26. ^ Berry, Petrina (June 1, 2018). "US firm looks to Asia after buying SA-based Accolade Wines". InDaily. Retrieved June 1, 2018.
  27. ^ Thomas, Patrick (April 3, 2019). "Constellation to Sell Several Wine Brands to Gallo in $1.7 Billion Deal". Wall Street Journal. ISSN 0099-9660. Retrieved April 30, 2019.
  28. ^ "Constellation Brands |". www.cbrands.com.
  29. ^ "Constellation buys minority stake in Montanya Distillers". The Spirits Business. Retrieved March 6, 2021.
  30. ^ Noel, Josh. "Ballast Point sold to tiny suburban Chicago brewery Kings and Convicts in beer industry stunner". chicagotribune.com. Retrieved December 4, 2019.
  31. ^ "Constellation Brands acquires Gary Vaynerchuk's Empathy Wines". CNBC. Retrieved August 14, 2020.
  32. ^ "Monster Beverage and Constellation Mergers Talks Are Progressing". Bloomberg. February 14, 2022.
  33. ^ "Constellation Brands Names Bill Newlands Next CEO". www.cbrands.com.
  34. ^ Bovaird, Charles (October 31, 2017). "This Is the First Fortune 500 Marijuana Stock". Investopedia. Retrieved October 31, 2017.
  35. ^ Nurin, Tara. "When It Comes To Weed, One Major Alcohol Company Decides If You Can't Beat 'Em Join 'Em". Forbes. Retrieved October 31, 2017.
  36. ^ "'This is rocket fuel': Constellation Brands spending [C]$5 billion to boost stake in Canopy Growth". August 15, 2017. Retrieved August 10, 2017.
  37. ^ "French Pinot Noir Class Action Settlement". topclassactions.com. February 7, 2012. Retrieved April 14, 2018.
  38. ^ "As big beer moves in activists in mexicali fight". npr.org.
  39. ^ Christopher Doering, AB InBev sues Constellation Brands over move to sell new Mexican beers in US, Fooddive.com, 2 September 2021

External links

 
Wikimedia Commons has media related to Constellation Brands.
  • Official website
  • Business data for Constellation Brands:
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    • SEC filings
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January 07, 2023
constellation, brands, fortune, company, american, producer, marketer, beer, wine, spirits, constellation, largest, beer, import, company, measured, sales, third, largest, market, share, percent, major, beer, suppliers, also, investments, medical, recreational. Constellation Brands Inc a Fortune 500 company 3 is an American producer and marketer of beer wine and spirits 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 It also has investments in medical and recreational cannabis 6 Based in Victor New York Constellation has about 40 facilities and approximately 9 000 employees 7 Constellation Brands Inc Constellation Brands headquarters a 120 000 square feet 11 000 m2 building on 11 acres 4 5 ha located in Victor New York TypePublicTraded asNYSE STZ Class A S amp P 500 componentIndustryBeveragesPredecessorCanandaigua Brands IncFounded1945 1945 FounderMarvin SandsHeadquartersVictor New York U S Number of locationsUnited States Mexico New Zealand Italy CanadaKey peopleRob Sands Chairman Richard Sands Vice Chairman Bill Newlands CEO 1 ProductsWine beer and spiritsRevenueUS 9 355 billion 2021 2 Operating incomeUS 2 791 billion 2021 2 Net incomeUS 2 031 billion 2021 2 Total assetsUS 27 104 billion 2021 2 Total equityUS 13 921 billion 2021 2 Number of employees9 300 3 2021 DivisionsBeer DivisionWine amp Spirits DivisionWebsitecbrands wbr comThe 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 Pacifico as well as American craft beer producer Funky Buddha Spirits brands include Svedka Vodka Casa Noble Tequila and High West Whiskey Nelson s Green Brier Tennessee Whiskey Contents 1 History 1 1 Early days 1 2 Expansion 1 3 Cannabis 2 Controversies 3 References 4 External linksHistory EditEarly days Edit The company was established in 1945 by Marvin Sands in the Finger Lakes region of New York as Canandaigua Industries selling bulk wine to bottlers in the eastern United States 8 In its first year the company sold approximately 200 000 gallons of wine and had gross sales of 150 000 9 The company was incorporated as Canandaigua Wine Company Inc in 1972 and went public in 1973 10 Marvin s son Richard Sands became president in 1993 and CEO in 1996 8 In 1999 Marvin Sands died following a brief illness 8 In 1987 the company purchased the Manischewitz winery in Canandaigua New York and continues to license the Manischewitz name from R A B Foods 11 In 1998 it acquired Matthew Clark in the United Kingdom and after selling off its cider business the Gaymer Cider Company sold half of the business to Punch Taverns citation needed Expansion Edit In 2000 the company changed its name to Constellation Brands Inc to reflect the scope of the company and its range of brands 9 In 2007 Rob Sands was named president and CEO 12 During the 2000s there were multiple acquisitions with some divestments later in the decade Acquisitions included BRL Hardy Australia 13 and Nobilo New Zealand in 2003 Robert Mondavi Corp for 1 billion in 2004 14 Vincor International Canada s largest wine company for 1 44 billion in 2006 15 Spirits Marque One owner of Svedka Vodka in 2007 16 and Beam Wines Estates the wine operations of Fortune Brands which included several major brands such as Clos du Bois for 885 million in 2008 17 The company later moved to a more premium wine portfolio divesting Almaden Vineyards Inglenook Winery and the Paul Masson winery in Madera California in 2008 18 and its value spirits portfolio to the Sazerac Company in 2009 19 They sold 30 low cost wine labels in January 2021 to E amp J Gallo for 810 million including Clos du Bois 20 In 2013 Constellation acquired Grupo Modelo s US beer business from Anheuser Busch InBev The transaction included full ownership of Crown Imports LLC which provided Constellation with complete independent control of all aspects of the US commercial business a brewery in Mexico exclusive perpetual brand license in the US to import market and sell Corona and the Modelo brands and the freedom to develop brand extensions and innovations for the US market 12 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 In 2014 Constellation finalized a joint venture with Owens Illinois and completed the acquisition of Anheuser Busch InBev s glass production plant located adjacent to the company s brewery in Nava Mexico 21 In December 2015 Constellation announced the 1 billion acquisition of Ballast Point Brewing of San Diego 22 In October 2016 Constellation announced the 160 million acquisition of High West Distillery of Park City Utah 23 In August 2017 Constellation announced the acquisition of Funky Buddha Brewery of Oakland Park Florida 24 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 25 26 In February 2019 Constellation announced it had acquired a minority stake in Black Button Distilling a craft spirits distillery in Rochester NY citation needed In April 2019 Constellation announced a deal to sell wine brands including Clos du Bois and Mark West to E amp J Gallo Winery for 1 7 billion 27 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 28 29 In December 2019 the sale of Ballast Point Brewing to Kings amp Convicts Brewery of Illinois was announced Terms were not disclosed 30 In July 2020 Constellation Brands acquired Empathy Wines co founded by entrepreneur Gary Vaynerchuk 31 On September 15 2020 it was announced Constellation Brands acquires craft spirits producer Copper amp Kings American Brandy In February 2022 Constellation was reported to have approached Monster Beverage to enter into a merger with a combined valuation above 90 billion 32 Cannabis Edit In 2017 the company began investing in medical marijuana In March 2019 Bill Newlands became CEO 33 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 34 At the time of the agreement Constellation became the first Fortune 500 company and the first major alcoholic beverage maker to take a minority stake in a marijuana business 35 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 The investment will increase its share in the Canadian Company to 38 Canopy Growth president Bruce Linton said the additional funds would be used for international expansion and that future marketing plans included products such as cannabis infused beverages and sleep aids 6 36 Controversies EditIn 2010 a French court in Carcassonne France convicted 12 wine traders and producers for selling fake pinot noir wine to buyers in the US amongst them Constellation in a scheme that lasted from January 2006 to March 2008 Constellation later faced and settled a class action lawsuit because it should have known that the wine was fake 37 In 2018 Constellation Brands was involved in a water rights dispute over a proposed manufacturing facility in the desert city of Mexicali Baja California Mexico This water comes from the Colorado River which not only provides Mexicali and the agricultural valley but is also piped to the mountain and coastal cities of Tijuana Tecate Rosarito and to some areas of Ensenada 38 In 2021 AB InBev sued Constellation Brands after the company launched two new Modelo branded beers on the US market arguing that the first beer illegally used the term tequila to describe the barrels where the beer was aged and that the second beer was inappropriately using the term Bourbon to describe the barrels where the beer was aged because Bourbon has nothing to do with Mexico 39 References Edit Fiscal Year 2019 Summary Annual Report PDF Constellation Brands p 4 Retrieved September 11 2019 a b c d e Constellation Brands Inc 2020 Annual Report cbrands gcs web com February 28 2021 Retrieved December 31 2021 a b Constellation Brands Fortune Retrieved February 11 2022 Brewers Association Sales of the leading beer import companies in the United States in 2015 in million U S dollars In Statista The Statistics Portal Retrieved December 10 2016 Beer Marketer s Insights Beer Marketer s Insights Major Supplier Shipments and Share 2015 vs 2014 BeerInsights com Retrieved December 10 2016 a b Sheetz Michael August 15 2018 Corona beer maker Constellation ups bet on cannabis with 4 billion investment in Canopy Growth CNBC NBCUniversal Retrieved September 11 2019 Constellation Brands Company Profile PDF cbrands com Retrieved June 6 2017 a b c Fisher Lawrence August 31 1999 Marvin Sands Winery s Chairman Dies at 75 The New York Times Retrieved June 6 2017 a b Constellation Brands Constellation Brands History and Heritage Retrieved April 16 2018 Paulson Lynn The birth of Canandaigua Industries mpnnow com Retrieved April 14 2018 Manischewitz wine heritage history Archived from the original on August 1 2008 Retrieved 2008 09 06 a b Doob Rachael February 22 2015 Get To Know Robert Sands President of Constellation Brands Grape Collective Retrieved June 6 2017 Shaw John January 18 2003 Constellation Brands Agrees to Buy Australian Winery The New York Times Retrieved April 24 2009 Mondavi to Join Constellation in 1 Billion Deal Wine Spectator Archived from the original on January 1 2009 Retrieved May 15 2009 Constellation To Buy Vincor for 1 09 Billion USA Today April 3 2006 Retrieved May 15 2009 Constellation Brands to Buy Svedka Vodka Reuters February 6 2007 Retrieved May 15 2009 Sam Zuckerman November 13 2007 Constellation Brands buys several California premium wine labels San Francisco Chronicle Retrieved November 13 2007 Styles Oliver January 23 2008 Constellation sells Inglenook Almaden and Paul Masson winery reports 832 million dollar loss Decanter com Archived from the original on April 19 2008 Retrieved April 8 2008 Gershberg Michele January 12 2009 Constellation Sells Value Spirits for 334 Mln Reuters UK Retrieved May 15 2009 Dowd Katie May 9 2021 Mass layoffs at Bay Area winery after acquisition by Gallo SFGATE Archived from the original on May 9 2021 Retrieved May 10 2021 Towns Chip December 19 2014 O I enters joint venture to co own glass plant The Blade Retrieved June 6 2017 Constellation to Buy Ballast Point Brewing for 1 Billion November 16 2015 Retrieved April 14 2018 via www bloomberg com Mickle Tripp Constellation Brands Acquires High West Distillery for 160 Million WSJ Retrieved October 23 2019 Craft Brewer Funky Buddha Joins Constellation Brands Nasdaq August 10 2017 Retrieved August 10 2017 Macdonald Anthony Thompson Sarah April 5 2018 CHAMP secures 1b deal for Australian winemaker Accolade Wines Australian Financial Review Fairfax Media Retrieved June 1 2018 Berry Petrina June 1 2018 US firm looks to Asia after buying SA based Accolade Wines InDaily Retrieved June 1 2018 Thomas Patrick April 3 2019 Constellation to Sell Several Wine Brands to Gallo in 1 7 Billion Deal Wall Street Journal ISSN 0099 9660 Retrieved April 30 2019 Constellation Brands www cbrands com Constellation buys minority stake in Montanya Distillers The Spirits Business Retrieved March 6 2021 Noel Josh Ballast Point sold to tiny suburban Chicago brewery Kings and Convicts in beer industry stunner chicagotribune com Retrieved December 4 2019 Constellation Brands acquires Gary Vaynerchuk s Empathy Wines CNBC Retrieved August 14 2020 Monster Beverage and Constellation Mergers Talks Are Progressing Bloomberg February 14 2022 Constellation Brands Names Bill Newlands Next CEO www cbrands com Bovaird Charles October 31 2017 This Is the First Fortune 500 Marijuana Stock Investopedia Retrieved October 31 2017 Nurin Tara When It Comes To Weed One Major Alcohol Company Decides If You Can t Beat Em Join Em Forbes Retrieved October 31 2017 This is rocket fuel Constellation Brands spending C 5 billion to boost stake in Canopy Growth August 15 2017 Retrieved August 10 2017 French Pinot Noir Class Action Settlement topclassactions com February 7 2012 Retrieved April 14 2018 As big beer moves in activists in mexicali fight npr org Christopher Doering AB InBev sues Constellation Brands over move to sell new Mexican beers in US Fooddive com 2 September 2021External links Edit Wikimedia Commons has media related to Constellation Brands Official website Business data for Constellation Brands GoogleSEC filingsYahoo Portals New York Companies Drinks Retrieved from https en wikipedia org w index php title Constellation Brands amp oldid 1129554494, wikipedia, wiki, book, books, library,

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