Constellation Brands Raises More Than $1.23 Million for the V Foundation for Cancer Research in 2016
September 09 2016 - 8:23AM
Record
participation from Constellation's Gold Network distributors and
contributions from retailers and consumers drove highest single
contribution to date
Chicago, Ill., Sept. 9, 2016
- Constellation Brands (NYSE: STZ and STZ.B), a leading beverage
alcohol company and the third-largest beer company in the United
States, today announced the largest single donation ever made by
Constellation to The V Foundation, one of the leading cancer
research funding organizations in the nation. Distributors,
retailers and consumers collectively raised more than $1,230,000
through direct pledges and cash donations, on- and off-premise
retail promotions, golf tournaments and other events from winter of
2015 to summer of this year.
Since the partnership began in 2010, Constellation Brands Beer
Division has provided more than $9 million in total support for The
V Foundation's cancer research initiatives. This year's donation
reflects Constellation's most successful "Your Corona Gets Us
Closer to a Cure" retail initiative, which falls under the Corona
Extra and Corona Light brand banners, since 2010.
"Constellation Brands is proud to support The V Foundation in the
fight against cancer, a disease that has touched us all in some
manner," said Jim Ryan, senior vice president of corporate affairs
for Constellation Brands Beer Division. "Our longtime partnership
with The V Foundation has become a cornerstone of Constellation's
growing corporate social responsibility program."
All proceeds from Constellation Brands, its distributor network,
retailers, consumers and other business partners will benefit The V
Foundation, with 100 percent of funds raised directly benefiting
cancer research. The V Foundation, founded by collegiate basketball
coach Jim Valvano and ESPN, has awarded more than $150 million in
research grants for all types of cancer since its inception. For
more information about Constellation's corporate social
responsibility programs, visit constellationcsr.com.
About Constellation
Brands
Constellation Brands (NYSE: STZ and STZ.B) is a leading
international producer and marketer of beer, wine and spirits with
operations in the U.S., Canada, Mexico, New Zealand and Italy.
Constellation is a Fortune 500®
company and one of the top performing stocks in the S&P 500
Consumer Staples Index. Constellation is the No. 3 beer company in
the U.S. with high-end, iconic imported brands such as Corona
Extra, Corona Light, Modelo Especial, Modelo Negra and Pacifico.
The company's beer portfolio also includes Ballast Point, one of
the most awarded craft brewers in the U.S. In addition,
Constellation is the world's leader in premium wine, selling great
brands that people love, including Robert Mondavi, Clos du Bois,
Kim Crawford, Meiomi, Mark West, Franciscan Estate, Ruffino and
Jackson-Triggs. The company's premium spirits brands include SVEDKA
Vodka and Casa Noble Tequila.
Based in Victor, N.Y., the company believes that
industry leadership involves a commitment to brand building, our
trade partners, the environment, our investors and to consumers
around the world who choose our products when celebrating big
moments or enjoying quiet ones. Founded in 1945, Constellation has
grown to become a significant player in the beverage alcohol
industry with more than 100 brands in its portfolio, sales in
approximately 100 countries, about 40 facilities and approximately
9,000 talented employees. We express our company vision: to elevate life with every glass raised. To learn more,
visit www.cbrands.com.
MEDIA CONTACT:
Jennifer Dohm: 312-873-9979
Jennifer.Dohm@cbrands.com
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Jimmy V Check
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announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Constellation Brands Inc via Globenewswire
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