Tag Archive: Grupo Modelo
News Briefs for October 31, 2016
•Constellation Brands has agreed to purchase Grupo Modelo’s Obregon Brewery from Anheuser-Busch InBev (ABI) for $600 million. Continue reading →
Posted in News on October 31, 2016Constellation’s Sales Jump 15% In First Quarter, Driven By Modelo And New Additions
Constellation Brands started off strong in its fiscal 2017, achieving double-digit growth in net sales and operating income. Continue reading →
Posted in News on June 30, 2016Strong 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, 2014AB 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, 2014Constellation’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, 2013ABI 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
