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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]
The facility in Guadalajara was the third Grupo Modelo brewery, adding on to those in Mexico City and Mazatlán, and it was followed by the construction and/or acquisition of another four, culminating in the construction of the Zacatecas brewery, which is currently the largest brewery in Latin America and the second largest in the world.
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.
Anheuser-Busch InBev N.V. (NYSE: BUD) may yet buy Mexican brewer Grupo Modelo, despite early resistance from the U.S. Department of Justice. To close a transaction, the larger company probably ...
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.
Constellation's beer sales — driven by Corona, Modelo, and Pacifico — rose 14% in the most recent quarter. That marked a quicker pace than the 11% gain for the full fiscal year.
Modelo Especial has officially become the bestselling beer in the U.S., ... Circana data show beer sales growth remains slow but steady, at about 2%.
She is the granddaughter of Félix Aramburuzabala Lazcano-Iturburu , a Spanish Basque immigrant who co-founded the Mexican brewery Grupo Modelo in 1925 with his friend and partner Pablo Díez Fernández. [2] Her father was the Executive Vice President of the Grupo Modelo brewery. [3]