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Home » Keywords » Grupo Modelo

Items Tagged with 'Grupo Modelo'

ARTICLES

Constellation Brands

Constellation Brands reports fiscal 2014 results

Grupo Modelo, Crown Imports acquisitions drive significant sales increase
April 10, 2014
No Comments

Constellation Brands Inc., Victor, N.Y., reported net sales for the 2014 fiscal year were more than $4.8 billion, a 74 percent increase, following its acquisition of the Grupo Modelo U.S. beer business.


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news

Constellation Brands releases Q2 2014 financial results

Beer acquisition bolsters sales success
October 3, 2013
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Victor, N.Y.-based Constellation Brands Inc. reported a successful second quarter of its 2014 fiscal year following the integration of its newly acquired brewery operations. As a result of the Mexico City-based Grupo Modelo U.S. beer business acquisition, the company recorded a $1.6 billion non-cash gain on the re-measurement to fair value of the company’s original 50 percent interest in Crown Imports LLC, Chicago. In addition, the consolidation garnered $763 million of incremental net sales, boosting overall consolidated net sales for the quarter.


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Budweiser Black Crown

2013 State of the Industry: Beer

Tiers helping beer market
July 10, 2013
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Continuing what was seen during the recession, consumers are either buying more premium-priced beers or buying less beer overall, Jennifer Zegler, beverage analyst at Mintel, Chicago, told Beverage Industry in March.


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Beverage News graphic

Constellation Brands reports Q1 FY 2014 results

Company kicks off the quarter with acquisition of Grupo Modelo’s US beer business
July 2, 2013
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Constellation Brands Inc., Victor, N.Y., reported a 6 percent increase in net sales reaching $673 million for the first quarter of its fiscal-year 2014.


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Beverage News graphic

Constellation Brands completes acquisition of Grupo Modelo's US beer business

Acquisition nearly doubles company's sales
June 10, 2013
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Constellation Brands Inc., Victor, N.Y., announced that it completed its acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev, Leuven, Belgium, for approximately $4.75 billion. The transaction includes full ownership of Crown Imports LLC, which provides Constellation with complete, independent control of all aspects of the U.S. commercial business; a state-of-the-art brewery in Nava (Piedras Negras), Mexico; an exclusive perpetual brand license in the United States to import, market and sell Corona and the Modelo brands Crown currently sells; and the freedom to develop brand extensions and innovations for the U.S. market.


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Anheuser-Busch InBev completes acquisition of Grupo Modelo

Anheuser-Busch InBev completes acquisition of Grupo Modelo

Constellation Brands transaction expected to close June 7
June 4, 2013
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Anheuser-Busch InBev (AB InBev), Leuven, Belgium, has completed its acquisition of Grupo Modelo, Mexico City, in a transaction valued at $20.1 billion.


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Cinco de mayo

Corona de Mayo

May 15, 2013
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Grupo Modelo brands Corona Extra and Corona Light pumped up the party with their new “Corona de Mayo” marketing push in the weeks that led up to Cinco de Mayo on May 5.


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Budweiser Black Crown

Beer encompasses premiumization trend

Brewers tackle volume challenges.
Jess 200
Jessica Jacobsen
March 11, 2013
No Comments

The old saying goes, “There’s no ‘I’ in team.” It’s not too hard to apply that saying to the U.S. beer market as analysts recognize the role different tiers and segments play in the category’s efforts to bring its case and dollar sales positioning back to pre-recession levels.


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Beverage News graphic

AB InBev, Constellation Brands reach revised Grupo Modelo agreement

February 14, 2013
No Comments

Anheuser-Busch InBev (AB InBev), Leuven, Belgium, and Constellation Brands Inc., Victor, N.Y., announced a revised agreement that establishes Chicago-based Crown Imports as the No. 3 producer and marketer of beer in the United States through a complete divestiture of Grupo Modelo’s U.S. business.


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Beverage News graphic

AB InBev, Constellation Brands respond to DOJ lawsuit

January 31, 2013
No Comments

On Jan. 31, the U.S. Department of Justice (DOJ), Washington, D.C., filed a civil antitrust lawsuit challenging Leuven, Belgium-based Anheuser-Busch InBev’s (AB InBev) proposed acquisition of total ownership and control of Grupo Modelo, Mexico City. 


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