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Tag Archive: Grupo Modelo

News Briefs for July 15, 2011

•Chilean wine group Concha y Toro has partnered with its exclusive U.S. importer, Banfi Vintners, to form the Excelsior Wine Company, a U.S. distribution unit jointly managed by both companies. Continue reading →

Posted in News on July 15, 2011

Constellation Sales Slide In First Quarter, But Crown Still Thrives

As a result of the recent sell-off of its Australian and U.K. wine businesses, Constellation Brands’ net sales slid 19% to $635 million in its fiscal first quarter, which ended May 31st. Continue reading →

Posted in News on June 30, 2011

Modelo And Molson Coors Bid For Foster’s Looks Unlikely After Modelo Board Decision

A bid for Foster’s Group by Grupo Modelo and Molson Coors now appears unlikely after Modelo executives declined to put the proposal to a vote at a Monday board meeting, according to various reports. Continue reading →

Posted in News on June 15, 2011

Modelo, Molson Coors Aim To Acquire Fosters, But ABI Could Stand In The Way

Mexico’s Grupo Modelo is holding a meeting today in Mexico City to discuss the possibility of joining forces with Molson Coors to bid for Foster’s Ltd., according to Bloomberg News. Continue reading →

Posted in News on June 13, 2011

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