Who Owns Pacifico?

Is Constellation Brands publicly traded?
Yes, Constellation Brands trades on the New York Stock Exchange under ticker STZ. The company has a dual-class share structure with Class A shares publicly traded and Class B super-voting shares held primarily by the Sands family. This structure gives the founding family effective control over major corporate decisions. Major institutional shareholders include Vanguard Group, BlackRock, and State Street.

Does Constellation Brands own Corona?
Constellation Brands holds the exclusive US import, marketing, and distribution rights for Corona, Modelo, Pacifico, and Victoria beer brands. These rights were acquired from Anheuser-Busch InBev in 2013 for approximately $5.3 billion as part of an antitrust-mandated divestiture. Outside the United States, these brands are owned by AB InBev through Grupo Modelo. Constellation does not own the brands globally, only the US rights.

What is the best-selling beer in the United States?
Modelo Especial, distributed in the United States by Constellation Brands, became the best-selling beer brand in the United States in 2023, surpassing Bud Light. This milestone reflected the growth of Mexican imported beers and the decline of Bud Light following the 2023 controversy. Corona Extra is the best-selling imported beer in the United States.

Who founded Constellation Brands?
Constellation Brands was founded in 1945 by Marvin Sands as the Canandaigua Wine Company in Canandaigua, New York. The company initially produced fortified wine. It went public in 1973 and grew through decades of acquisitions. The Sands family continues to maintain significant influence over the company through super-voting Class B shares.

What is Constellation Brands' annual revenue?
Constellation Brands generated approximately $9.77 billion in net sales for fiscal year 2026 (ended February 28, 2026). The beer segment accounts for approximately 80% of net sales, with the wine and spirits segment accounting for approximately 20%. Beer net sales grew 2.3% in FY2026, while wine and spirits net sales declined.

Who is the CEO of Constellation Brands?
Bill Newlands served as CEO of Constellation Brands from 2019 until his announced departure, with Ashwin Dodia named as his successor as part of a planned transition. Newlands oversaw the company's focus on its high-margin beer business and the exploration of strategic options for the wine and spirits portfolio. The leadership transition was announced in 2025.

Does Constellation Brands make wine?
Yes, Constellation Brands produces wine through its Wine and Spirits segment. The company owns Robert Mondavi, Kim Crawford, Meiomi, The Prisoner, and several other wine brands. However, the wine and spirits segment has experienced declining sales for several years, and the company has been evaluating strategic options for this portfolio, including the 2025 sale of SVEDKA vodka to Sazerac.