Marvin Sands
| Marvin Sands | |
|---|---|
| Born |
Marvin L. Sands 1924 |
| Died | 1999 |
| Residence | Canandaigua, New York, US |
| Nationality | American |
| Alma mater | University of North Carolina at Chapel Hill |
| Occupation | Businessman |
| Known for | Founder, Constellation Brands |
| Title | CEO, Constellation Brands |
| Term | 1945-1993 |
| Successor | Richard Sands |
| Parent(s) | Mordecai E. Sands |
| Relatives |
Richard Sands Rob Sands |
Marvin L. Sands (1924-1999) was an American businessman, and the founder and CEO of Constellation Brands, a Fortune 500 beer, wine and spirits company.
Early life
Marvin Sands was the son of Mordecai E. Sands, who was a partner in a winery in Long Island City, Queens, New York since 1932.[1]
Sands earned a bachelor's degree from the University of North Carolina at Chapel Hill, and served as an ensign in the US Navy during World War II.[1]
Career
Sands founded the Canandaigua Wine Company in 1945, aged 21.[2]
Sands tried to establish a brand, and was unsuccessful with King Solomon kosher wine and an eponymous Sands brand.[1] In 1954 he produced a "flaming-red blend of dessert wine" called Richard's Wild Irish Rose, named after his son Richard, and this grew to become more than 90% of their sales in the 1960s.[1]
By 1980, annual sales topped $50 million, and was renamed Constellation Brands in 2000, and has acquired numerous companies including Robert Mondavi wine and Svedka vodka.[2] In 2013, it acquired the US rights to Grupo Modelo beers including Modelo and Corona.[2]
Personal life
Sands lived in Canandaigua, New York.[1]
References
- 1 2 3 4 5 Fisher, Lawrence M. (31 August 1999). "Marvin Sands, Winery's Chairman, Dies at 75". Retrieved 16 April 2018 – via NYTimes.com.
- 1 2 3 Kirsch, Noah. "How Two Brothers Built Their Family Wine Business Into A $40 Billion Alcohol Empire". forbes.com. Retrieved 14 April 2018.