Constellation Brands Will Remain the No. 1 Global Premium Wine Company

FAIRPORT, N.Y., Feb. 3 /PRNewswire-FirstCall/ -- Constellation Brands, Inc. (NYSE: STZ, ASX: CBR), the largest wine producer in the world, will remain the number one global premium wine producer should Foster's be successful in acquiring Southcorp, according to neutral, third-party, syndicated data. The accompanying chart illustrates the volume and dollar comparison between Constellation Brands' position in the U.S. premium wine market (including the recent acquisition of The Robert Mondavi Corporation) and a Foster's-Southcorp wine portfolio. The "premium" segment includes the $5.50 and up price range in U.S. dollars. This material is being provided to journalists to ensure factual accuracy in reporting about the global premium wine business.

The following key points should be noted when preparing an article on the subject:

  • Figures used by Southcorp do not include The Robert Mondavi Corporation volume or dollar amounts in Constellation Brands, Inc. totals. Constellation Brands acquired the Robert Mondavi portfolio on Dec. 22, 2004, which includes 10 million cases of wine and $500 million (USD) in revenue globally.
  • Using Foster's own chart on its Internet Web site, Constellation Brands would continue to have a larger volume of premium wine globally than a Foster's-Southcorp combination.
  • Verifiable, syndicated data (IRI) for the U.S. market clearly shows Constellation Brands in the number one position in premium wines should Foster's acquire Southcorp.

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