Constellation Brands

Constellation Brands, Inc. is a leading international producer and marketer of beer, wine, and spirits with a portfolio of more than 27 brands that consumers know and love. Headquartered in Rochester, New York, the company has evolved from a small bulk wine seller founded in 1945 into a Fortune 500 beverage alcohol powerhouse with operations spanning the United States, Mexico, New Zealand, and Italy. With approximately $10 billion in annual revenue and over 10,000 employees, Constellation Brands has established itself as a major force in the premium beverage alcohol market.

The company's beer portfolio is its crown jewel, featuring some of the most popular imported beer brands in the United States, including Corona Extra, Modelo Especial, Modelo Cheladas, Pacifico, and Victoria. Following the transformational 2013 acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev for $4.8 billion, Constellation gained full ownership and an exclusive perpetual brand license to import, market, and sell these iconic Mexican beer brands in the U.S. This strategic acquisition positioned Constellation as the third-largest beer company in the United States and has been the top dollar share gainer in the total U.S. beer category for the past 11 years.

Constellation's wine portfolio showcases premium brands from renowned wine regions around the world. The collection includes Robert Mondavi Winery and other iconic Napa Valley brands acquired in 2004, Kim Crawford from New Zealand, Ruffino Estates and Ruffino Prosecco from Tuscany, The Prisoner Wine Company, Sea Smoke from Santa Barbara, and Lingua Franca from Oregon's Willamette Valley. The company's spirits division features craft distilled spirits including Casa Noble Tequila, High West Whiskey, Nelson's Green Brier Tennessee Whiskey, and Mi CAMPO tequila.

In 2024, Constellation Brands made a strategic decision to reposition its wine and spirits business to focus exclusively on higher-growth, higher-margin brands aligned with consumer-led premiumization trends. On June 24, 2024, the company relocated its headquarters to a 170,000 square foot campus on the site of the historic Aqueduct Building in Downtown Rochester, becoming the first Fortune 500 company to operate in the city in two decades. This move symbolizes Constellation's commitment to its roots while embracing modern workplace practices.

Constellation Brands is publicly traded on the New York Stock Exchange under the ticker symbol STZ and has a market capitalization of approximately $30 billion. The company's mission is to build brands that people love, believing that sharing a toast, unwinding after a day, celebrating milestones, and helping people connect is Worth Reaching For. With a culture deeply rooted in corporate social responsibility and a commitment to diversity, equity, and inclusion, Constellation Brands continues to innovate and grow in the dynamic global beverage alcohol market.