Constellation Brands Named Beverage Forum 2016 Large Company of the Year
April 27 2016 - 10:15AM
Company is
Recognized for its "Best in Class" Performance in the Beverage
Industry
VICTOR, N.Y., April 27,
2016 - 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.
CONTACTS:
Media
Cheryl Gossin:
585-678-7191
Amy Martin:
585-678-7141
Investor Relations
Patty Yahn-Urlaub: 585-678-7483
Bob Czudak: 585-678-7170
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Constellation Brands Inc via Globenewswire
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