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. In 2013, Constellation acquired Grupo Modelo's US beer business from Anheuser-Busch InBev. Gallo for $810 million including Clos du Bois. They sold 30 low-cost wine labels in January 2021 to E. 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, and its value spirits portfolio to the Sazerac Company in 2009. for $1 billion in 2004 Vincor International, Canada's largest wine company, for $1.44 billion in 2006 Spirits Marque One (owner of Svedka Vodka) in 2007 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. Acquisitions included BRL Hardy (Australia) and Nobilo (New Zealand) in 2003 Robert Mondavi Corp. During the 2000s, there were multiple acquisitions, with some divestments later in the decade.
In 2007, Rob Sands was named president and CEO. to reflect the scope of the company and its range of brands. In 2000, the company changed its name to Constellation Brands, Inc. In 1987, the company purchased the Manischewitz winery in Canandaigua, New York, and continues to license the Manischewitz name from R.A.B.
In 1999, Marvin Sands died following a brief illness. Marvin's son Richard Sands became president in 1993 and CEO in 1996. The company was incorporated as Canandaigua Wine Company, Inc. In its first year, the company sold approximately 200,000 gallons of wine and had gross sales of $150,000. 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. Instead, Constellation is building its third brewery in Veracruz Mexico. Those locations are in Nava, Coahuila, and Ciudad Obregón, Sonora.Ī third Brewery in Mexicali Baja California was never finished due to Environmental issues. Spirits brands include Svedka Vodka, Casa Noble Tequila and High West Whiskey, Nelson's Green Brier Tennessee Whiskey.Ĭonstellation Brands has two breweries in Mexico, that produce Corona and Modelo beer for the US market. Constellation's beer portfolio includes imported brands such as rights in the United States to Corona, Modelo Especial, Negra Modelo, and Pacífico, as well as American craft beer producer Funky Buddha. Wine brands include Robert Mondavi, Kim Crawford, Meiomi, Simi Winery, Ruffino, and The Prisoner Wine Company. The company has more than 100 brands in its portfolio. Based in Victor, New York, Constellation has about 40 facilities and approximately 9,000 employees. It also has sizable investments in medical and recreational cannabis through its association with Canopy Growth. A Fortune 500 company, Constellation is the largest beer import company in the US, measured by sales, and has the third-largest market share (7.4 percent) of all major beer suppliers. is an American producer and marketer of beer, wine, and spirits.
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