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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.
Marvin Sands founded the Canandaigua Wine Company in 1945, aged 21. [6] By 1980, its annual sales topped $50 million, was renamed Constellation Brands in 2000, and has acquired numerous companies including Robert Mondavi wine and Svedka vodka. [6] In 2013, it acquired the US rights to Grupo Modelo beers including Modelo and Corona. [6]
"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 ...
Constellation Brands—which owns Modelo—Boston Beer Company, ... Non-alcoholic beer company Athletic Brewing saw a 13,000% increase in revenue from 2018, when it was founded, to 2021.
The company's wine sales, meanwhile, dropped 7% from a year ago. A bottle of Modelo Especial beer, one of Constellation Brands Inc products, is shown in this illustration photograph taken in ...
Anheuser-Busch InBev SA/NV (abbreviated as AB InBev) is the largest beer company in the world. [citation needed] It had 200 brands prior to the merger with SABMiller on October 10, 2016. [1] The combined ABInBev/SAB Miller entity has approximately 400 beer brands as of January 2017. [2] [3]
Bud Light subsequently lost its crown as America's favorite beer to Modelo in May. For the full year, volume dropped 1.7%, more than the expected dip of 1.34%. That's compared with a 2.3% jump in ...