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Tag Archive: Grupo Modelo

Strong Summer Beer Season Boosts Constellation In Second Quarter, Wine And Spirits Up 3%

Constellation Brands enjoyed continued momentum from its lineup of Mexican beer brands in its fiscal second quarter ended in August, as the company’s consolidated net sales rose 10% to $1.6 billion. Continue reading →

Posted in News on October 2, 2014

AB InBev Takes On Modelo Brands In U.S. With Launch Of Montejo

Anheuser-Busch InBev is set to launch a new brand in the U.S. market’s thriving Mexican beer category. Continue reading →

Posted in News on August 7, 2014

Constellation’s First Quarter Sales Up 6%, But Higher Grape Costs Cut Into Profits

Constellation Brands said net sales grew 6% to $673 million in the three months through May, its fiscal first quarter, but higher grape prices and other costs pushed operating income down by 5% to $104 million. Continue reading →

Posted in News on July 2, 2013

ABI Closes $20.1 Billion Modelo Deal

Anheuser-Busch InBev (ABI) has finalized its $20.1 billion takeover of Mexico’s Grupo Modelo. Continue reading →

Posted in News on June 5, 2013

News Briefs for June 3, 2013

•Anheuser-Busch InBev announced the expiration of a tender offer by subsidiary Anheuser-Busch Mexico Holdings to acquire all outstanding shares of Grupo Modelo it doesn’t already own. Continue reading →

Posted in News on June 3, 2013

ABI Making Moves In Mexico

Just days after Anheuser-Busch InBev (ABI) received approval from the U.S. Department of Justice on its acquisition of the 50% of Grupo Modelo that it didn’t already own, the brewing giant is making moves in Mexico. Continue reading →

Posted in News on April 26, 2013

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