Not to be confused with Constellation Brands which owns the Modelo brand under license for the United States market[1].
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Grupo Modelo S.A. de C.V.
Company type
Public
Industry
Brewery
Founded
1922; 102 years ago (1922)
Headquarters
Mexico City, Mexico
Products
Beer
Revenue
US$7.1 billion (2012)
Net income
US$948.0 million (2012)
Number of employees
40,617
Parent
InBev (AB InBev) (outside of United States) Constellation Brands (US assets)
Website
www.gmodelo.com.mx
Grupo Modelo is a large brewery in Mexico that exports beer to most countries of the world. Its export brands include Corona, Modelo, and Pacífico.[2] Grupo Modelo also brews brands that are intended solely for the domestic Mexican market and has exclusive rights in Mexico for the import and distribution of beer produced by Anheuser-Busch.[2] Until the 1960s, Grupo Modelo used red poppy flowers in most of its advertising.
On June 12, 2008, The Wall Street Journal stated that Anheuser-Busch InBev, which owned a non-controlling 50% stake in the company, might attempt to acquire the remaining 50%.[3] On June 29, 2012, it was announced that Anheuser-Busch InBev would acquire the remaining 50% stake for an all-cash price of $20.1 billion.[4] On January 31, 2013, the US Department of Justice filed an antitrust suit in an attempt to prevent the buyout. The matter was settled, and the two companies merged in June 2013,[5] with the transfer of all United States rights to Constellation Brands.[6] As a result, all the company's brands are made (in Mexico) by an unrelated company. In the United States, Grupo Modelo brands are distributed by Constellation Brands.
In May 2023, Modelo Especial became the top selling beer in the United States by retail sales volume, surpassing Bud Light. While both beers are owned by the same parent company outside of the United States, the Modelo brand is owned by Constellation Brands in the US and therefore is not affiliated with AB InBev.[7][8]
^"EX-10.2". www.sec.gov.
^ ab"Reporte Anual Final 28 06 2006" (PDF). Gmodelo2.com. Archived from the original (PDF) on 2011-07-11. Retrieved 2011-12-06.
GrupoModelo is a large brewery in Mexico that exports beer to most countries of the world. Its export brands include Corona, Modelo, and Pacífico. Grupo...
century, the industry consolidated until today, only two corporations, GrupoModelo (now owned by AB InBev) and Cervecería Cuauhtémoc Moctezuma formerly...
anti-trust demands, on 7 June 2013 AB InBev sold its GrupoModelo’s US business, including GrupoModelo’s brand naming rights and one of the breweries in Piedras...
Extra was a Mexican convenience store chain owned by GrupoModelo, which started operations in 1993. In 2007 the chain closed 650 stores and in 2009 started...
supermarket (Modelo) chains of Portugal GrupoModelo, a large brewery in Mexico Modelo Brewery, a brewery in Havana, Cuba Presidio Modelo, a prison of...
goals paving the way for a 3–1 defeat of Atletico in Potosino. In 1991, GrupoModelo became majority owner of the club and Ramon Ramirez made his First Division...
Aurrerá Express from Walmart Oxxo from Grupo FEMSA 7-Eleven from Casa Chapa Circle-K and Tiendas Extra from GrupoModelo Ley Express from Casa Ley Before its...
(USA) Golden Road (USA) Goose Island Brewery (USA) Green Valley (USA) GrupoModelo (Mexico) Acquired in 2013 Barrilito Corona Cero Corona Extra Corona Ligera...
Carso Grupo Elektra Grupo Empresarial Ángeles Grupo Lala Grupo México GrupoModeloGrupo Salinas Grupo Tampico MVS Comunicaciones Pemex Soriana Televisa...
11.4% sales hit to their flagship Budweiser brand, and a 4.4% drop of GrupoModelo sales. This is on top of the roughly 21.4% drop in sales of Bud Light...
and Svedka vodka. In 2013, it acquired the US rights to GrupoModelo beers including Modelo and Corona. Sands started his career at the law firm of Harter...
Victoria (Cervecería Centro Americana), a pale Guatemalan lager Victoria (GrupoModelo), a dark Mexican lager Victoria (soda), a fruit-flavored soda available...
brewery. The beer was owned by Nestor Rubio Apulche, since 1900. In 2021, GrupoModelo relaunched the iconic Mexican beer. "Cerveceria Yucateca" was opened...
Victoria. The stadium is named after a leading brand of beer brewed by GrupoModelo. Club Necaxa plays at the Estadio Victoria. The first football match...
the capital to start the business which was later to become GrupoModelo: Cervecería Modelo. A shareholder since the very beginning and member of its board...
$810 million including Clos du Bois. In 2013, Constellation acquired GrupoModelo's US beer business from Anheuser-Busch InBev. The transaction included...
Alfa: Conglomerate Grupo Aeroportuario del Pacífico: Airports Grupo Bimbo: Food Grupo Industrial Saltillo: Conglomerate GrupoModelo: Beverage Banco Santander...
Piedad Valentín Diez Morodo – member of the board of GrupoModelo Carlos Manuel Flores Nuñez – CEO of Grupo Editorial Nomutsa Carlos González Zabalegui – president...
Global Information
US$7.1 billion (2012)