Constellation Brands Inc : Constellation Brands and Interfood Importação Ltda.
Sign Agreements to Import and Distribute Premium Wines and Spirits in Brazil
VICTOR, N.Y. and SAO PAULO, BRAZIL, March 7, 2013 - Constellation Brands, Inc.
(NYSE: STZ and STZ.B), the world's leading premium wine company, and Interfood
Importação Ltda., Brazil's top imported wine distributor, announced today that
their group companies have signed agreements for the importation and
distribution of a key selection of Constellation's coveted premium wines and
spirits brands into South America's largest country.
"We are pleased to represent Constellation to further develop the Brazilian
market," said Gabriel Cury, founder, Interfood Importação Ltda. "Constellation
has an award-winning portfolio of wine and spirit brands that are globally
recognized for quality, craftsmanship and taste. We also believe that changing
consumer needs and Brazil's hosting of the World Cup in 2014 and the 2016
Summer Olympics will boost demand for wine throughout the country and these
agreements position both companies well."
Through the agreements, Interfood will import and distribute brands from
Constellation's global portfolio representing each of its key regions
including Robert Mondavi Winery, Robert Mondavi Private Selection and
Woodbridge by Robert Mondavi from California, Inniskillin Ice Wine from
Canada, Kim Crawford from New Zealand, Ruffino from Italy, and SVEDKA vodka
"Constellation is a global company with an unparalleled portfolio of brands,"
said Philip Kingston, senior vice president, International, Constellation
Brands. "Interfood enjoys a powerful sales and distribution network and an
intimate knowledge of the Brazilian consumer. These agreements demonstrate our
commitment to make our portfolio more readily available in growth markets such
as Brazil, where consumers desire more access to world-famous wines."
According to industry data, Brazil is a key market for the global wine
industry and is projected to continue its growth trajectory over the next five
About Constellation Brands
Constellation Brands is the world's leading premium wine company that achieves
success through an unmatched knowledge of wine consumers, storied brands that
suit varied lives and tastes, and more than 4,400 talented employees
worldwide. With a broad portfolio of widely admired premium products across
the wine, beer and spirits categories, Constellation's brand portfolio
includes Robert Mondavi, Clos du Bois, Kim Crawford, Inniskillin, Franciscan
Estate, Mark West, Ruffino, Simi, Estancia, Corona Extra, Black Velvet
Canadian Whisky and SVEDKA Vodka.
Constellation Brands (NYSE: STZ and STZ.B) is a S&P 500 Index and Fortune
1000® company with more than 100 brands in our portfolio, sales in about 100
countries and operations in approximately 40 facilities. The company believes
that industry leadership involves a commitment to our brands, to the trade, to
the land, to investors and to different people around the world who turn to
our products when celebrating big moments or enjoying quiet ones. We express
this commitment through our vision: to elevate life with every glass raised.
To learn more about Constellation, visit the company's website at
About Interfood Importação Ltda.
Interfood Imports is a national company, founded in 1985 and located in Sao
Paulo. It has two large warehouses strategically located in the states of Sao
Paulo and Espirito Santo. The company's logistics is one of the most reliable
and qualified to reach all regions of the country.
Interfood fulfills the main distribution channels, including direct sales to
final consumers by relying on digital technology web 3.0 (e-commerce).
The products distributed by Interfood are internationally renowned. They come
from the most important production centers such as Chile, Argentina, Uruguay,
United States, South Africa, Portugal, Spain, France, Italy, The Netherlands,
Great Britain, Russia and Mexico. Learn more at Interfood.com.br
This news release contains forward-looking statements. All statements other
than statements of historical fact are forward-looking statements. The word
"project" and similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain such
identifying words. These statements may relate to business strategy, future
operations, prospects, plans and objectives of management, as well as
information concerning expected actions of third parties, including the demand
for wine in the country of Brazil. All forward-looking statements involve
risks and uncertainties that could cause actual results to differ materially
from those set forth in, or implied by, such forward-looking statements. All
forward-looking statements speak only as of the date of this news release and
Constellation Brands undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
Jennifer Hodges - 415-912-3852
Cheryl Gossin - 585-957-3701
Renata Margoni--+55 (11) 30863550
Camila Orantes--+55 (11) 30863550
Patty Yahn-Urlaub: 585-678-7483
Bob Czudak: 585-678-7170
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information contained therein.
Source: Constellation Brands Inc via Thomson Reuters ONE
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