Constellation Brands, Inc. (NYSE: STZ; ASX: CBR), headquartered in Fairport, New York, is a leading international producer and marketer of beverage alcohol brands with a broad portfolio across the wine, imported beer into the United States and spirits categories. Constellation is the largest wine company in the world; the largest multi-category supplier of beverage alcohol in the United States; a leading producer and exporter of wine from Australia, New Zealand and Canada; and both a major producer and independent drinks wholesaler in the United Kingdom.
With more than 250 beverage alcohol brands marketed in nearly 150 countries, Constellation has unequalled breadth, offering consumers their beverage of choice, no matter what the occasion. Since its founding in 1945 as a producer and marketer of wine products, the company has grown through a combination of organic growth and acquisitions. In the 1990s, Constellation embarked on its multi-category strategy as a means of achieving a balanced portfolio better able to respond to consumer preferences and to reduce dependency on a single category or geography. This strategy supports stable growth in volume, cash flow, return on invested capital and value.
Globally, Constellation Brands is the largest wine producing company by volume. It is also the third largest U.S. beverage alcohol company based upon retail sales in the food and drug channels. Following the recent join venture between Constellation Brands and Grupo Modelo, their Mexican beer portfolio is the undisputed imported beer leader in the United States, and their North American spirits division ranks among the top in its category.
Today, Constellation Brands has sales of more than $3.77 billion annually. It operates approximately 60 production facilities, has approximately 9,000 employees worldwide and sells or markets products in North America, South America, Europe, and the Asia/Pacific region.