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Constellation Brands10-K: Supplier concentration

High dependency on JV with Owens-Illinois for 60% of beer bottle supply

What happened

The company relies on a joint venture with Owens-Illinois for 60% of its beer bottle supply and a single unnamed producer for most of its wine & spirits glass. This dependency creates supply chain risk and potential interest in diversification, alternative packaging, or supply chain optimization solutions.

Source

SEC EDGARApr 22, 2026

Annual report (Form 10-K)

Constellation Brands 10-K for FY2026

Filing excerpt

As part of our long-term beer glass sourcing strategy, we are a partner in an equally-owned joint venture with Owens-Illinois, one of the leading manufacturers of glass containers in the world. The joint venture owns a state-of-the-art Glass Plant adjacent to our Nava Brewery. The Glass Plant supplies approximately 60% of the total annual glass bottle supply for our beer brands.

sec.gov/Archives/edgar/data/16918/000001691826000011/stz-20260228.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Supplier concentration

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2026
Fiscal year end
02/28
Filed
Apr 22, 2026

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The full record

From the Signal API record

Numbers

Percent
60% (Total annual glass bottle supply for beer brands from joint venture with Owens-Illinois)

Details

CIK
16918
Accession number
0000016918-26-000011
Timeframe
Current year
Filing year
2026
Why it matters
Risk management needed
Signal category
Market

Topics and mentions

Vendors

  • Owens-Illinois

Regions named

  • U.S.

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
Apr 28, 2026
signal_type
sec-10k
signal_subtype
supplierConcentration

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/71370545-bb3b-4c7a-a9b2-ccab2e1caf24 returns this record as JSON. POST /v1/companies/enrich returns every signal for cbrands.com.

{
  "signal_id": "71370545-bb3b-4c7a-a9b2-ccab2e1caf24",
  "signal_type": "sec-10k",
  "signal_subtype": "supplierConcentration",
  "detected_at": "2026-04-28T09:49:53.609+00:00",
  "company": {
    "name": "Constellation Brands",
    "domain": "cbrands.com"
  },
  "data": {
    "detail": "The company relies on a joint venture with Owens-Illinois for 60% of its beer bottle supply and a single unnamed producer for most of its wine & spirits glass. This dependency creates supply chain risk and potential interest in diversification, alternative packaging, or supply chain optimization solutions.",
    "metrics": {
      "pct": 0.6,
      "timeframe": "current_year",
      "pct_context": "Total annual glass bottle supply for beer brands from joint venture with Owens-Illinois"
    },
    "summary": "High dependency on JV with Owens-Illinois for 60% of beer bottle supply",
    "excerpts": "As part of our long-term beer glass sourcing strategy, we are a partner in an equally-owned joint venture with Owens-Illinois, one of the leading manufacturers of glass containers in the world. The joint venture owns a state-of-the-art Glass Plant adjacent to our Nava Brewery. The Glass Plant supplies approximately 60% of the total annual glass bottle supply for our beer brands.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/16918/000001691826000011/stz-20260228.htm",
    "filing_date": "2026-04-22",
    "filing_year": 2026,
    "fiscal_year_end": "02/28",
    "sales_relevance": "Risk management needed",
    "signal_category": "market",
    "regions_mentioned": [
      "U.S."
    ],
    "vendors_mentioned": [
      "Owens-Illinois"
    ]
  }
}

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