Constellation Brands

Constellation Brands upbeat on US beer supplies despite Mexico brewing ban

8 Apr 2020

Constellation Brands has taken unspecified steps to avoid an "irreversible impact" to its brewing operations in Mexico.

What impact will COVID-19 have on drinks M&A? - comment

7 Apr 2020

Several weeks into COVID-19's appearance and its rapid spread in the US, the virus's impact on the beverage alcohol industry and related merger and acquisition activity is starting to come into focus. Some commentators have covered in detail the epidemic's impact on particular beer, wine and spirits brands and sales channels, notably the dramatic shift towards off-premise sales at the expense of everything else. Unaddressed is what this means for the current M&A environment and aspiring buyers and sellers during what looks to be a year of continued market volatility.

Constellation Brands ups CSR ante with new senior executive post

7 Apr 2020

Constellation Brands has created the role of chief corporate social responsibility (CSR) officer.

How has Constellation Brands performed in fiscal-2020? - results data

3 Apr 2020

Constellation Brands enjoyed a final flourish in its latest fiscal full-year, the last before the effects of the coronavirus pandemic will hit.

Anheuser-Busch InBev halts Mexican brewing after coronavirus ruling

3 Apr 2020

Anheuser-Busch InBev is to cease brewing operations in Mexico, after the country's authorities deemed beer production as non-essential.

Coronavirus takes shine off hard seltzer's moment in the sun - comment

2 Apr 2020

It was supposed to be the summer of seltzer. But the coronavirus outbreak in the US has put paid to what analyst estimated would be a 270% increase in sales this year for one of the hottest categories in alcoholic drinks.

Top US brewers in 2019 - data

2 Apr 2020

This week, US trade body The Brewers Association released its annual chart listing the largest brewers in the country in volume terms in 2019. Here is the top 50.

US beer enjoys coronavirus bounce in off-premise - figures

31 Mar 2020

Beer sales in US off-premise channel surged at the start of the coronavirus emergency, new figures have shown.

More drinks firms pledge industry support amid coronavirus outbreak

24 Mar 2020

A raft of drinks companies have joined the movement to support the trade and communities struggling to deal with the COVID-19 pandemic.

US off-premise sales soar for Constellation Brands as consumers head home

23 Mar 2020

Constellation Brands has seen its beer volumes leap by almost a third in the US off-premise channel in the last month, as consumers avoid the on-premise to stem the spread of COVID-19.

Constellation Brands' Woodbridge secures 'official wine' status with Major League Baseball

10 Mar 2020

Constellation Brands has agreed another sports tie-up in the US for its Woodbridge wine brand, this time with Major League Baseball.

Constellation Brands closes Ballast Point sale

3 Mar 2020

Constellation Brands has completed the sale of the Ballast Point craft beer business to Kings & Convicts Brewing Co.

just-drinks' Mergers & Acquisitions database - February 2020 - FREE TO ACCESS

2 Mar 2020

Here, just-drinks consolidates the M&A activity in the global drinks industry during February, a quiet month that saw Constellation Brands dive deeper into hard seltzer, Anheuser-Busch InBev make a wine play in Argentina and Campari Group close its planned distribution acquisition in France.

Constellation Brands hits out at Corona "misinformation"

2 Mar 2020

Constellation Brands has moved to address "unfounded concerns" that the coronavirus has impacted US consumer demand for Corona beer.

Constellation Brands gets behind incubator project Karma Wellness Water

20 Feb 2020

Constellation Brands has announced a marketing activation in collaboration with incubator brand Karma Wellness Water.

Constellation Brands acquires Press Premium Alcohol Seltzer stake

3 Feb 2020

Constellation Brands has followed its recent forecast of booming sales for hard seltzers in the US with the purchase of a holding in Press Premium Alcohol Seltzer in the country.

What is the outlook for CBD beverages in Europe? - focus

27 Jan 2020

Recent comments from regulators in Europe have left some in the food and beverage industry worried about what's ahead for the region's nascent CBD food market. Simon Creasey explores further.

Canopy Growth postpones cannabis beverage roll-out, blaming manufacturing issues

24 Jan 2020

Constellation Brands' Canadian cannabis partner has delayed the launch of THC-infused beverages in the country because of production scaling issues.

Where you should invest in 2020, what's the worst ever beer deal and why Vimto could be a 2020 no-no - The just-drinks Analyst

23 Jan 2020

In his first just-drinks outing of 2020, in-house analyst Ian Shackleton shares his drinks stock tip, flags what could be the worst beer transaction of all-time and considers what could be a tough 12 months for one of the UK's more curious soft drinks players.

Constellation Brands ups Canopy Growth presence through board appointments

22 Jan 2020

The number of Constellation Brands executives working in high-level posts at Canadian cannabis partner Canopy Growth has increased with two new board appointments.

US hard seltzer sales to jump by 270% in 2020 - analyst

14 Jan 2020

Hard seltzer is set to almost triple in value in the US this year as demand for the booming beverage category refuses to subside, an analyst has forecast.

Hard seltzer volumes can reach 180m cases in US - Constellation Brands

9 Jan 2020

The hard seltzer category still has room to triple its volumes in the US, according to Constellation Brands CEO Bill Newlands, as the group prepares to launch a Corona-branded variant in the fast-growing category.

How has Constellation Brands performed in YTD fiscal-2020? - results data

8 Jan 2020

An improved quarter for Constellation Brands' beer operations has failed to counter declining sales from the group's spirits and soon-to-be-pared back wine divisions.

Canada beer volumes decline in face of cannabis legalisation - figures

7 Jan 2020

Domestic beer volumes in Canada fell by 5% in the first full year of cannabis legalisation, new Beer Canada figures have revealed.

Constellation Brands Q3 fiscal-2020 - preview

6 Jan 2020

On Wednesday, Constellation Brands will announce its results for the third quarter of the group's fiscal-2020. The figures for the three months to the end of November will follow the 2.2% sales lift posted for the first six months of Constellation's year. Here's a look at the stories that will likely shape Constellation's performance in Q3.

The spirits category in 2019 - just-drinks' Review of the Year, Part V - FREE TO ACCESS

24 Dec 2019

As the year draws to a close, just-drinks takes a look back at the stories that have made the headlines across the global drinks industry over the last 12 months. Here, in the second of just-drinks' two-part review, editor Olly Wehring picks out the highs and lows for the spirits category in 2019.

The beer category in 2019 - just-drinks' Review of the Year, Part III - FREE TO ACCESS

17 Dec 2019

As the end of the year approaches, just-drinks takes a look at the stories that made the headlines in 2019 across the global drinks industry. In part III, deputy editor Andy Morton picks out the highs and the lows for the beer category.

The soft drinks category in 2019 - just-drinks' Review of the Year, Part II - FREE TO ACCESS

11 Dec 2019

As the year draws to a close, just-drinks takes a look back at the stories that have made the headlines across the global drinks industry over the last 12 months. Here, Lucy Britner picks out the highs and lows for the soft drinks category.

Constellation Brands CFO to head up Canopy Growth as cannabis beverages revealed

9 Dec 2019

Constellation Brands' CFO is to lead cannabis partner Canopy Growth, the companies said, as they unveiled their first THC and CBD beverage ranges.

The wine category in 2019 - just-drinks' Review of the Year, Part I - FREE TO ACCESS

5 Dec 2019

As the year draws to a close, just-drinks takes a look back at the stories that have made the headlines across the global drinks industry over the last 12 months. Here, Ben Cooper picks out the highs and lows for the wine category.