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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]
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%.
A bottle of Modelo Especial beer, one of Constellation Brands Inc products, is shown in this illustration photograph taken in Encinitas, California, U.S. June 27, 2016.
"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 ...
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's beer portfolio includes imported brands such as rights in the United States to Corona, Modelo Especial, Negra Modelo, and Pacífico, as well as American craft beer producer Funky Buddha. Spirits brands include Svedka Vodka, Casa Noble Tequila and High West Whiskey, Nelson's Green Brier Tennessee Whiskey.
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.
In the four-week period ending June 3, Modelo Especial made its way to the top. Modelo holds 8.4% of total retail sales in the US beer market. That's compared to Bud Light, which now holds 7.3% ...