Company is Recognized for its "Best in Class" Performance in the Beverage Industry
VICTOR, N.Y., April 27,
- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, has been recognized as Large Company of the Year by The Beverage Forum at the 2016 conference, the only global all-beverage executive conference.
Constellation Brands President and CEO Rob Sands accepted the award at the annual conference in Chicago on April 26, where he was also a keynote speaker. The award recognizes organizations that stood out in 2015 and have risen to meet the opportunities and challenges within the beverage space.
"This is an incredible honor," said Sands. "It certainly has been another milestone year for our company, and this award is a testament to talented employees that work hard to deliver for our distributors, customers and consumers every day. We continue to look forward to future growth and are excited by the opportunities ahead."
Constellation's strong routes to market, leading marketing initiatives, and acquisitions of leading brands has resulted in steady growth, top performance in the S&P 500, and heightened attention on the company's trend toward premiumization. In August 2015, Constellation Brands completed the acquisition of the Meiomi luxury wine brand, the number one pinot noir in dollar sales growth, followed by the acquisition of Ballast Point in December 2015, one of the fastest-growing craft beer companies in the U.S. Most recently, Constellation announced its agreement to acquire The Prisoner Wine Company - home of super luxury wines The Prisoner, Saldo, Cuttings, Blindfold and Thorn.
All this happened in the midst of another banner year for Constellation's popular imported beer brands such as Corona Extra, Corona Light, Modelo Especial, and Pacifico. Modelo Especial became the No. 1 dollar share gainer among U.S. beer brands in IRI channels during calendar year 2015, and Corona Extra was the No. 1 imported beer. Kim Crawford recently emerged as the No. 1 sauvignon blanc in the U.S. and Canada and achieved Fast Track status in the Beverage Information Group's 2015 awards. The Beverage Information Group also recognized SVEDKA Vodka as a spirits growth brand, which this year achieved its place as the No. 1 imported vodka in the entire U.S.
About Constellation Brands
Constellation Brands (NYSE: STZ and STZ.B) is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Canada, Mexico, New Zealand and Italy. In 2015, Constellation was one of the top performing stocks in the S&P 500 Consumer Staples Index. Constellation is the number three beer company in the U.S. with high-end, iconic imported brands including Corona Extra, Corona Light, Modelo Especial, Negra Modelo, Pacifico, and Ballast Point, one of the most awarded craft brewers in the U.S. Constellation is also the world's leader in premium wine selling great brands that people love including Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Franciscan Estate, Ruffino and Jackson-Triggs. The company's premium spirits brands include SVEDKA Vodka and Casa Noble Tequila.
Based in Victor, N.Y., the company believes that industry leadership involves a commitment to brand-building, our trade partners, the environment, our investors and to consumers around the world who choose our products when celebrating big moments or enjoying quiet ones. Founded in 1945, Constellation has grown to become a significant player in the beverage alcohol industry with more than 100 brands in its portfolio, sales in approximately 100 countries, about 40 facilities and approximately 9,000 talented employees. We express our company vision: to elevate life with every glass raised. To learn more, visit www.cbrands.com.
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