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Grupo Modelo is a large brewery in Mexico that exports beer to most countries of the world. Its export brands include Corona, Modelo, and Pacífico. [1] Grupo Modelo also brews brands that are intended solely for the domestic Mexican market and has exclusive rights in Mexico for the import and distribution of beer produced by Anheuser-Busch. [1]
Corona is a Mexican brand of beer produced by Grupo Modelo in Mexico and exported to markets around the world. Constellation Brands is the exclusive licensee and sole importer of Corona in the fifty states of the United States, Washington, D.C., and Guam.
Constellation Brands, Inc. is an American producer and marketer of beer, wine, and spirits.A Fortune 500 company, [3] Constellation is the largest beer import company in the US, measured by sales, [4] and has the third-largest market share (7.4 percent) of all major beer suppliers. [5]
It owns the exclusive rights to import Corona and Modelo brand beer to the U.S. from Mexico. The brands are actually owned by Budweiser maker AB InBev, which holds rights to the beer brands ...
The company is particularly sensitive to trade issues. It owns the exclusive rights to import Corona and Modelo brand beer to the U.S. from Mexico. The brands are actually owned by Budweiser maker AB InBev, which holds rights to the beer brands outside the U.S. AB InBev shares fell 1%. Molson Coors, which makes Molson and Coors brand beers ...
As for Corona — another Mexican import whose brand, like Modelo, is owned by the Rochester, New York-based Constellation Brands — its audience is narrower, according to Schuhmacher. "Corona is ...
"Our beer business is doing extraordinarily well,” Constellation Brands CEO Bill Newlands told Yahoo Finance Live. Modelo is 'about to become America’s favorite beer,' Constellation Brands CEO ...
This transaction was valued at US$20.1 billion. To satisfy US anti-trust demands, on 7 June 2013 AB InBev sold its Grupo Modelo’s US business, including Grupo Modelo’s brand naming rights and one of the breweries in Piedras Negras in Mexico, for approx. US$4.75 billion to Constellation Brands, a competitor of AB Inbev in some beverage sectors.