Modelo’s History
Modelo Especial is a Mexican beer produced by Grupo Modelo. It was first brewed in 1925 by Cervecería Modelo on the outskirts of Mexico City. The company was founded in 1925 by Don Lorenzo Herrera and Don Bernardo Díaz.
Grupo Modelo is now a large brewing conglomerate that owns several beer brands in addition to Modelo Especial, such as Corona Extra, Pacífico, and Montejo. The company also exports its beers to over 150 countries.
Modelo Especial is a light, crisp beer with a slightly sweet taste. It is usually served with a lime wedge. The beer is 4.4% alcohol by volume.
In 2013, Grupo Modelo was acquired by Anheuser-Busch InBev. However, the U.S. Justice Department required that AB InBev sell the rights to Corona and Modelo in the United States to Constellation Brands as part of an antitrust settlement.
Constellation Brands now owns the rights to Modelo in the United States. However, Grupo Modelo still produces and distributes the beer in Mexico.
Modelo Especial is one of the most popular beers in Mexico. In fact, it is the country’s best-selling beer. The beer is also gaining popularity in the United States.
The Modelo Brands
Who owns Modelo beer? The answer may surprise you. Modelo beer is actually owned by two different companies. The first company is Grupo Modelo, which is based in Mexico. The second company is Constellation Brands, which is based in the United States.
Grupo Modelo was founded in 1925 by Antonio Fernandez. The company originally only produced beer for the Mexican market. But by the 1950s, Grupo Modelo had begun exporting beer to the United States. In the early 1990s, Grupo Modelo formed a partnership with Anheuser-Busch. This partnership allowed Grupo Modelo to brew and distribute its beer in the United States.
In 2013, Constellation Brands purchased Grupo Modelo’s 50 percent stake in their partnership. This gave Constellation Brands full ownership of the Modelo brands in the United States. But Grupo Modelo still owns and operates the Modelo breweries in Mexico. So, technically, Grupo Modelo still owns a part of the Modelo beer brands. But Constellation Brands is the sole owner of the Modelo brands in the United States.
So, there you have it. Modelo beer is owned by two different companies. Grupo Modelo owns the beer brands in Mexico. And Constellation Brands owns the beer brands in the United States.
Who Owns Modelo?
The Modelo brewery was founded in 1925 by Cresencio Molina and his son Don Jesús Molina in Mexico City. It was later bought by Grupo Modelo, which is now owned by Anheuser-Busch InBev.
Constellation’s History
Constellation Brands, Inc. is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Canada, Mexico, New Zealand and Italy. The company has a broad portfolio of some of the most recognized and top-selling beer, wine and spirit brands in the world. Its flagship beer brands include Corona Extra, the top-selling beer in Mexico and the world’s fifth-largest premium beer by volume; Modelo Especial, the second-largest premium beer in Mexico; Pacifico, one of the fastest-growing beer brands in the U.S.; and Victoria, the fastest-growing major beer brand in Mexico. Constellation is also a major producer and distributor of wine and spirits brands in North America through its subsidiary, Crown Imports LLC.
In October 2013, Constellation completed its acquisition of Grupo Modelo’s U.S. beer business. Grupo Modelo is Mexico’s leading brewer. Its flagship Corona Extra brand is the leading imported beer in the U.S. and the number two Corona brand by volume in the world. Other Grupo Modelo brands in the U.S. include: Modelo Especial, the fastest-growing major beer brand in the U.S.; Pacífico; Corona Light, the number two imported light beer in the U.S.; and Victoria.
Under the terms of the transaction, Constellation acquired Grupo Modelo’s U.S. beer business, including full ownership of Crown Imports LLC, the exclusive importer of all Grupo Modelo brands in the United States. The transaction also included full ownership of Grupo Modelo’s 50 percent interest in Crown Imports Holdings, LLC.
Modelo beer is owned by Constellation Brands. Constellation Brands is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Canada, Mexico, New Zealand and Italy. The company has a broad portfolio of some of the most recognized and top-selling beer, wine and spirit brands in the world.
Why Constellation Acquired Modelo
It was a move that took the beer industry by surprise. In 2013, Constellation Brands announced that it was acquiring Mexican beer giant Grupo Modelo in a deal valued at over $20 billion. The deal gave Constellation full control of Corona, the best-selling beer in the United States.
Why would Constellation, a company with a portfolio of wine and spirits brands, want to get into the beer business? There are a few reasons.
First, the beer industry is growing. According to the Brewers Association, craft beer sales grew by 10% in 2017, while overall beer sales were up just 1%. Constellation saw an opportunity to tap into the growing demand for beer with its acquisition of Modelo.
Second, the acquisition gave Constellation a foothold in the Mexican beer market, which is the largest in the world. Corona is the best-selling Mexican beer in the world, and with Constellation’s acquisition of Modelo, the company now has a portfolio of Mexican beer brands that it can sell in the United States and other markets.
Third, the acquisition gave Constellation access to Modelo’s brewing facilities in Mexico. This is important because it gives Constellation the ability to produce Corona and other Modelo brands in Mexico, which is where the vast majority of Corona is consumed.
Finally, the acquisition gave Constellation the opportunity to leverage its existing distribution network to sell Modelo’s brands in the United States. Constellation’s distribution network is much larger than Modelo’s, so the company can reach more potential customers with Modelo’s brands.
The acquisition of Modelo was a strategic move by Constellation Brands to tap into the growing demand for beer and to gain a foothold in the Mexican beer market. With the acquisition, Constellation now has a portfolio of Mexican beer brands that it can sell in the United States and other markets.
What Modelo Means for Constellation
In case you haven’t been following, Constellation Brands, who owns Corona and Modelo, has been in the news a lot lately. In early October, they announced that they were selling a majority stake in their Canadian wine business to Ontario Teachers’ Pension Plan for $1.03 billion. Then, on October 31, they announced that they had completed the acquisition of Megan Fox’s former modeling agency, No7 Agency.
So, what does all of this mean for Constellation Brands?
First and foremost, it means that they are focusing on their core businesses: beer and wine. The sale of the Canadian wine business indicates that they are no longer interested in diversifying their portfolio, and the acquisition of No7 Agency shows that they are interested in investing in the growth of their existing businesses.
Second, it means that Constellation Brands is becoming more global. The sale of the Canadian wine business was in part motivated by the fact that the Canadian market is not as large as the US or European markets. By selling the business, Constellation Brands can focus on markets where they are more likely to see growth. The acquisition of No7 Agency also gives them a foothold in the global modeling industry.
Third, it means that Constellation Brands is willing to make big bets. The sale of the Canadian wine business was a major divestment, and the acquisition of No7 Agency was a significant investment. This shows that Constellation Brands is not afraid to make bold moves in order to continue growing their business.
So, what does all of this mean for you?
If you’re a fan of Corona or Modelo, it means that you can expect the brands to continue to grow and innovate. If you’re in the wine business, it means that you might want to consider selling your business to Constellation Brands. And if you’re in the modeling industry, it means that you should keep an eye on No7 Agency.
The Future of Modelo
Modelo beer is a Mexican beer that is owned by Constellation Brands. The company has announced that it is selling the beer to Anheuser-Busch InBev for $5.6 billion. This sale is part of a plan to focus on premium brands.
Anheuser-Busch InBev is the world’s largest beer company. The company owns a number of popular beer brands, including Budweiser, Stella Artois, and Corona. The company has said that it plans to maintain Modelo’s independence.
It is unclear what the future holds for Modelo beer. However, it is clear that the brand will remain popular. The company plans to continue to invest in the brand and to grow its share of the Mexican beer market.