Constellation Brands Inc

copy from Wikipedia March 2016 and other sources

Constellation Brands, Inc., of Victor, New York, is a publicly traded drinks company with brands in wine, beer and spirits.

Contents

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, Pacífico, and Tsingtao. 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.

TPP Trade Pacific Pact

Constellation Brands Inc, US Wine Institute and WWWG World Wide Wine Group supported and lobbied the TPP secretive deal since early 2000 leading to the creation of a regional wine cartel. Since 2003 significant and preferential laws were amended in Australia New Zealand and other countries that diminished competition in the market place. The TPP deal was signed in 2015 in Auckland New Zealand.

Constellation and Accolade – Fancy Names for Barbarians

The BRL Hardys story charts all that went wrong with Australian wine

In 2003, Constellation Brands bought BRL Hardy Ltd and became the largest wine company on earth. In 2008, BRL Hardy became Constellation Wines Australia (CWA). Changing its name didn’t change the sad state of the company’s balance sheet, and a fire sale followed: In West Australia, CWA sold the Goundrey and Amberley wineries and closed the bottling lines at Houghtons. Other wineries were closed or sold, and workers dismissed. Long-standing contracts with grape growers were cancelled.(Full article_ [12])

In 2003 Constellation Brands Inc paid 1.9 billion AUD (cash and stock/shares) for BRL Hardy in Australia and Nobilo in New Zealand. By 2010 it divested 80% of its Australia, New Zealand and European holdings for a merely 290 millions AUD by way of private equity funding. At the time in 2003 USDOJ claimed the stock was overvalued by 900%.

Forgeries

  • New York Affidavits vs California Affidavits refer to cases listed below:
  • Employment contract vs Severance Contract refer to cases listed below:

 

The FBI, the SEC, the DOL, the FTC

Lawsuits/Fraud related legal actions since 2002

      United States OF AMERICA
   Moldauer v Constellation Brands & US Dept of Labor (DOL) & Federal Trade Commission (FTC)  - 
        District Court Washington DC 2014 
   Moldauer v Constellation Brands & US Dept of Labor (DOL) & Federal Trade Commission (FTC) - 
        Court of Appeals Washington DC 2015 pending resolution of Palestinian Terror related cases
      
      Australia
   Moldauer v Constellation Brands - High Court of Australia 2013
   Moldauer v Constellation Brands - Supreme Court of South Australia - Appeal - Chief Justice(2013) (Noted: Police brutality prior to court hearing) - claimed Constellation Brands does no business in Australia
   Moldauer v Constellation Brands - Supreme Court of South Australia - Master Judge (2012) (Forum Non Conveniens)

(BRL Hardy bought for 1.1B (2003) sold for 290M (2009) Champs Equity 80%)- Red flag

       UNITED STATES OF AMERICA
   CANANDAIGUA WINE CO Inc v. MOLDAUER ( Dec 2002 - withdrawn in 2009)
   Sarbanes Oxley Claim AJL - ADMINISTRATIVE LAW JUDGE - DEPT OF LABOR - Moldauer v. Canandaigua Wine AJL 2003-SOX- 00026 (Nov 2003)
   Arbitration - AAA - American Arbitration Association
   CONSTELLATION BRANDS, INC. ET AL v. MOLDAUER (Jan 2005)Western District Court of New York - Rochester - 05-CV-6010T
   CONSTELLATION BRANDS, INC. v. MOLDAUER (Feb 2005) State Supreme Court, Rochester New York 04-34393 Second Circuit 05-0726-cv (April 2005) - stay of Arbitration ( by a state judge in a federal matter)
   MOLDAUER v CONSTELLATION BRANDS INC + OTHER (Oct 2005) (10 August 2007)
   Sarbanes Oxley Claim ARB - ADMINISTRATIVE REVIEW BOARD - DEPT OF LABOR - Moldauer v Canandaigua Wine ARB 04-022 (Dec 2005)
   SARBANES - OXLEY - CLAIM - 2002/ [8] - ; SOX 2008 -0073 REFERS: 836 Million accounting error traced back to 2002
  AJL /DOL second response, Conclusion (29 Dec 2008)*ARB APPEAL (2009) 
   Moldauer v Weisberg - California USA, 2010
        New Zealand 
   Moldauer v. Constellation Brands Inc + " Other ?" (NYSE:STZ ASX:CBR)- (lack of Jurisdiction - clerical error)
       1. Appeal - High Court of New Zealand -- CIV  : 2007- 404-5589
       2. Appeal in High Court
       3. Court of Appeals in New Zealand - Wellington July 2009
   CIV-2005 – 004 – 001686 Auckland District Court, New Zealand (2005)

(Statement of claims (breach of contract, breach of code, deceit, fraud) (2005): – claimed Constellation Brands has no business in New Zealand

See also

References

 

 

External links

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s