as nyse stz s & p 500 component industry beverages predecessor canandaigua brands inc founded 1945 1945 founder marvin l. sands headquarters victor new york united states area served north america europe australia new zealand key people richard sands chairman robert sands president and ceo products wine beer and spirits revenue us 4.87 billion 2013 1 operating income us 2.44 billion 2013 1 net income us 1.94 billion 2013 1 total assets us 14.30 billion 2013 1 total equity us 4.98 billion 2013 1 number of employees 4 300 2011 1 divisions constellation wines north america constellation wines australia and europe constellation wines new zealand crown imports website www.cbrands.com constellation brands inc. of victor new york is a publicly traded drinks company with brands in wine beer and spirits . contents 1 history and description 2 wine fraud 3 acquisitions 4 see also 5 references 6 external links history and description the company was established in 1945 by marvin sands in the finger lakes region of new york as canandaigua industries company . since that time the company has grown through internal expansion and by acquisitions across all segments of the beverage alcohol industry . constellation brands is the largest wine producer in the world . 2 it had sales of over 3.77 billion in fiscal year 2008 . it operates about 40 production facilities employs some 4 300 and markets its products worldwide . bottle of manischewitz the company owns more than 100 brands in wine beer and spirits . wine brands include robert mondavi clos du bois franciscan estates ravenswood blackstone nobilo kim crawford inniskillin jackson triggs manischewitz and arbor mist . beer brands include corona modelo especial negra modelo pac fico and tocayo brewing . spirits brands include black velvet canadian whisky svedka vodka and paul masson grande amber brandy . wine fraud in 2010 a french court in carcassonne france convicted 12 wine traders and producers for selling fake pinot noir wine to buyers in the us amongst them constellation in a scheme that lasted from january 2006 to march 2008 . constellation later faced and settled a class action lawsuit because it should have known that the wine was fake . 3 acquisitions constellation brands moved its headquarters to a 120 000 square feet 11 000 m2 building on 11 acres 4.5 ha in victor new york in 2009 constellation brands has expanded by acquiring other drinks companies . in 1987 the company purchased the manischewitz winery in canandaigua new york and continues to license the manischewitz name from r.a.b. foods . 4 in 1998 it acquired matthew clark plc in the united kingdom and after selling off its cider business the gaymer cider company sold half of the business to punch taverns . recent acquisitions include brl hardy australia 5 and nobilo new zealand in 2003 ; robert mondavi corp. for 1 billion in 2004 ; 6 vincor international canada s largest wine company for 1.44 billion in 2006 ; 7 spirits marque one owner of svedka vodka in 2007 ; 8 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 . 9 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 10 and its value spirits portfolio in 2009 . 11 in june 2013 the company which formerly imported corona and other modelo brands to the united states acquired the us rights to those brands as a part of an anti trust settlement permitting modelo s acquisition by anheuser busch inbev along with a brewery in piedras negras mexico . it now produces its own versions of those products for the us with modelo serving all other countries . in december 2015 constellation announced the 1 billion acquisition of ballast point brewing of san diego . see also constellation wines australia mega purple constellation brands marvin sands performing arts center references a b c d e f constellation brands incorporated april 29 2011 form 10 k for the fiscal year ended february 28 2011 washington d.c. u.s. securities and exchange commission file 001 08495 film 11793905 retrieved june 30 2011 david kesmodel february 25 2010 . liquor discounts become bad habit for spirits makers . wall street journal . new york . french pinot noir class action settlement manischewitz wine heritage history . archived from the original on 2008 08 01 . retrieved 2008 09 06 . shaw john january 18 2003 . constellation brands agrees to buy australian winery . the new york times . retrieved april 24 2009 . mondavi to join constellation in 1 billion deal . wine spectator . retrieved may 15 2009 . constellation to buy vincor for 1.09 billion . usa today . april 3 2006 . retrieved may 15 2009 . constellation brands to buy svedka vodka . reuters . february 6 2007 . retrieved may 15 2009 . sam zuckerman november 13 2007 . constellation brands buys several california premium wine labels . san francisco chronicle . retrieved november 13 2007 . styles oliver january 23 2008 . constellation sells inglenook almaden and paul masson winery reports 832 million dollar loss . decanter.com . gershberg michele january 12 2009 . constellation sells value spirits for 334 mln . reuters uk . retrieved may 15 2009 . external links official website official corporate social responsibility website retrieved from https en.wikipedia.org w index.php title constellation brands & oldid 742916586 categories companies listed on the new york stock exchangecompanies based in ontario county new yorkcompanies established in 1945wine companieshidden categories wikipedia semi protected pagesuse mdy dates from december 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read view source view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran ais edit links this page was last modified on 6 october 2016 at 16 42 . text is available under the creative commons attribution sharealike license ; 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