Constellation Brands, Inc.

Company Description
Constellation Brands, Inc. is a wine company of its core markets, which include the United States, Canada and New Zealand. The Company conducts its business through entities it wholly owns, as well as through a variety of joint ventures and other entities. The Company operates in four business segments: Constellation Wines North America (wine and spirits) (CWNA), Constellation Wines Australia and Europe (wine) (CWAE), Corporate Operations and Other, and Crown Imports (imported beer). In January 2010, the Company sold its United Kingdom cider business. In January 2011, the Company sold 80.1% of its Australian and United Kingdom business (the CWAE Divestiture). The Company retained a 19.9% interest in its previously owned Australian and United Kingdom business. Prior to the January 2011, CWAE Divestiture, the Company's CWAE segment, was a producer and marketer of wine in Australia and a marketer of wine in the United Kingdom.