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A Modelo business in the Mexican state of Oaxaca. Grupo Modelo began in 1925, and its founders were a group of twenty-five Spanish immigrants among whom stood out: Braulio Iriarte, owner of bakeries and Molino Euzkaro, in Mexico City, and Martín Oyamburu, industrialist, banker and landowner, founder of Hulera Euzkadi, Banco Crédito Español de México, S.A., and oil fields in the Veracruz ...
Modelo Especial is Grupo Modelo's second brand after Corona, and was first brewed in 1925. It is a pilsner-style beer that is available in both bottle and cans since 1966. It is second in popularity in Mexico and the company's third best seller in the USA. [14] [27] A light version, called Modelo Light, has been available since 1994. [28]
Constellation Brands has two breweries in Mexico that produce Corona and Modelo beer for the US market. Those locations are in Nava, Coahuila, and Ciudad Obregón, Sonora. [8] A third Brewery in Mexicali Baja California was never finished due to environmental issues. [9] Instead, Constellation is building its third brewery in Veracruz, Mexico ...
"Modelo Especial has been positioned, on purpose, for a younger, more diverse market." AB InBev's share price has finally rebounded after suffering an approximately 15% decline since the start of ...
Modelo Especial is now officially America’s best-selling beer, dethroning Bud Light, whose popularity faded following the Dylan Mulvaney controversy.. Sales of Modelo at grocery and beer stores ...
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' Modelo Especial was the top-selling beer brand in the United States for a second consecutive month in June, after first dethroning Anheuser-Busch InBev's Bud Light in May.
In 1928, Pablo Díez was appointed to the Board of Directors of Crédito Español de México, SA and of other important businesses of the Spanish community in Mexico. That same year, Braulio Iriarte entrusted him with the responsibility of being the legal representative of Cervecería Modelo. He was 44 years old at the time.