CONGLOMERATES - WINEQUITY

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CONGLOMERATES

Below there are short sheets with the main information of the conglomerate companies, listed on the stock markets, which have significant wine production activities.
Collectively, these conglomerates control an aggregate wine turnover of more than $ 10 Billion which represents a turnover higher than that of listed companies with dedicated wine production and is at levels of the overall turnover of Italian wine bottlers.
These companies, together with the "dedicated" wine companies, are a part of the quotes, values and economics of the "Vintners & Distillers" industry and its world and local indices.
Below are the summary profiles of the conglomerates with the main information on the specific wine activities and with the link to the web pages showing the presentations of the brands and wine production of the individual groups, which is obtained by clicking on the figures shown in each individual sheet.
In International stock markets, in addition to conglomerates with their own wine production, there are other companies with diversified activities in multiple industrial sectors that operate in the wine sector with distribution activities of wines produced by third parties: Corby (CAN), Lassonde (CAN), Silver Base Group (HKG).

BUSINESS BRIEF PROFILES  &  WINE BUSINESS WEBSITES
Constellation Brands is one of the largest groups producing alcoholic beverages and has a turnover of over $7 billion. This group was primarily focused on the wine sector until recent years before investing in the beer and spirits sector which has become prevalent in the overall business.
In the wine sector Constellation Brands is one of the 3 main US groups, together with E.&J. Gallo and The Wine Group. Currently the wine sector has a turnover of over $ 1.7 Billion and accounts for 17-18% of consolidated revenue, while in 2014 the share was 52% with revenues of $2,383 million and in 2010 it was over 85% with revenues of over $2,900 million. Constellation Brands' most recognized wine brands are: Robert Mondavi, Blackstone, and Black Box (USA), Ruffino (Italy), Cadet d'Oc (France), Nobilo and Monkey Bay (New Zealand), Alice White (Australia), Diseño (Argentina).
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Brown Forman is a group with almost $3 billion in revenues that operates 95% in the spirits sector and has a wine division that turns over $ 200 million with the two brands Korbel e Sonoma-Cutrer.
In the past Brown Forman has had a much larger wine business with control of major wineries and brands such as Bolla and Fontana Candida in Italy and the Fetzer winery in the United States.
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Kirin Holdings is a conglomerate operating in multiple alcoholic and non-alcoholic beverage segments in the Japanese domestic market and other international markets that has global revenues of $ 15.2 billion.
In the wine sector, Kirin Group controls two significant production entities. In the domestic context, Kirin controls
Mercian Corporation, leader in Japanese wine production with a turnover over $ 400 million. Internationally, Kirin controls Lion Nathan Wine, the wine division of the Nathan Lion Group which has significant manufacturing in the food industry in Australia and New Zealand with total revenues of over $ 1.3 Billion. Lion Nathan Group's wine production reduce when it sold some of its wineries to Accolades Wines which is the largest Australian wine producer together with Treasury Wine Estate.

LVMH is a leading group in luxury goods with revenue over € 86 Billion that has a primary presence in the world of wine with the ownership of important wineries producing still wines and sparkling wines (champagne) in the upper quality and price range. The revenue of this group in the wine sector is over € 3.4 Billion and it is the largest producer of champagne and sparkling wine in the world (with the brands Moet et Chandon, Dom Perignon, Hennessy, Ruinart, Veuve Clicquot, Krug, Mercier, Chandon) selling 66-70 million bottles.
The brands of still wine production are: Bodega Numanthia, Château d'Esclans, Château Cheval Blanc, Château d'Yquem, Château Minuty, Cheval des Andes, Clos des Lambrays, Cloudy Bay, Colgin Cellars, Newton Vineyard, Terrazas de los Andes, Volcan de mi Tierra.
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PERNOD RICARD (FRA)
Pernod Ricard is one of the largest groups in the alcoholic beverages sector with revenue over € 12 Billion, with a significant activity in the wine sector with a still wine division, Pernod Richard Winemakers, and a Champagne Division with brands Mumm e Perrier-Jouet.
Pernod Richard Winemakers division operates in Australia, New Zealand, Argentina and Spain with the brands Kenwood, Brancott Estate, Campo Viejo, Jacob's Creek, sells 11.6 million cases, a total of approximately 140 million 750 ml bottles and a turnover which can be estimated close to € 500 million.
The champagne division, in 2016, had a turnover near € 270 millions, made by € 120 million (228 employees) by Mumm e € 145 millions (65 employees) del marchio Perrier-Jouet.
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Davide Campari is an important group in the spirits sector with a total turnover of over € 2.9 Billion which also operates in the wine sector in the sparkling wine category with the brands Cinzano, Mondoro, Riccadonna and Champagne Lallier with a turnover of 3% of the group's total revenues, equal to approximately € 70-80 million. Previously, the group had a greater presence and activity in the wine sector with the control of important brands in the still wine category such as Sella & Mosca, Enrico Serafino, Teruzzi & Puthod which were sold in the last two years to focus only on the spirits sector and to a marginal extent in sparkling wines.
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Heinken Group is an alcoholic beverage conglomerate that has total revenue over $ 34 Billion and is the dominant in beer industry with brands and activities all over the world. Recently, Heineken Group acquired the South African Distell Group which has formed, together with Namibia Breweries, the division Heineken Beverage and its wine brands have a turnover around $ 500.

Sito posseduto e gestito da Stefano Cordero di Montezemolo, C.F. CRDSFN59E28H501P
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