Anheuser-Busch Inbev revises Grupo Modelo takeover plan

The US rights to Modelo's brands will go to a third party.

February 15, 2013
KEYWORDS acquisitions
/ Print / Reprints /
/ Text Size+

Anheuser-Busch Inbev revises Grupo Modelo takeover plan

In a concession to US antitrust authorities, Anheuser-Busch Inbev revised its takeover plan for Mexican brewer Grupo Modelo. The revised $20.1 billion purchase proposal says Anheuser-Busch Inbev would sell the rights to Corona and other Grupo Modelo brands in the US to wine company Constellation Brands for $2.9 billion. Constellation would receive a brewery facility and the perpetual rights to Modelo’s brands in the US, and the global agreement between Anheuser Busch-Inbev and Grupo Modelo would remain unchanged. Constellation would also acquire US Modelo brands distributor Crown Imports.

Carlos Brito, CEO of Anheuser-Busch Inbev, says, “The AB Inbev and Grupo Modelo transaction has always been about Mexico and making Corona more global in all markets other than the US, where the brands will be owned and managed by Constellation.”

Did you enjoy this article? Click here to subscribe to Food Engineering Magazine.

Recent Articles by Shane O'Halloran

You must login or register in order to post a comment.



Image Galleries

Fabulous Food Plant: Paramount Citrus

Learn more about this fabulous food plant in Food Engineering's article, found here.


Burns & McDonnell project manager RJ Hope and senior project engineer Justin Hamilton discuss the distinctions between Food Safety and Food Defense as well as the implications for food manufacturers of the Food Safety Modernization Act.
More Podcasts

What was your favorite part of FA&M 2014?

View Results Poll Archive


Food Engineering Magazine

Food engineering magazine 2014 april cover

2014 April

Catch a preview of the Powder and Bulk Show in this April 2014 edition of Food Engineering. Also, be sure to check out a coffee stick making a real stir and a major advancement in the the pet food industry.
Table Of Contents Subscribe


Food Authentication Using Bioorganic Molecules

This text provides critical tools and data needed to augment routine food analysis and enhance food safety by aiding in the detection of counterfeit, and potentially deleterious, foods.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Food Master

Food Master Cover 2014Food Master 2014 is now available!


Where the buying process begins in the food and beverage manufacturing market. 

Visit to learn more.


FE recent tweets