S. beer business from AB InBev for approximately $4.8 billion

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7% of the company for $447 million . This marked the beginning of a close relationship between the two brewing giants, although Modelo retained its independence and continued to operate autonomously. Over the following years, Anheuser-Busch gradually increased its non-controlling interest in Modelo to 50% . In 1994, the company went public, listing 13% of its shares on the Mexican Stock Exchange. This move allowed for more significant capital infusion and expansion opportunities.


In 2012, Anheuser-Busch InBev, which was formed in 2008 fol belize email list lowing the merger of Anheuser-Busch and InBev, announced its intention to purchase the remaining shares of Grupo Modelo for $20.1 billion. The acquisition will make Grupo Modelo a wholly owned subsidiary of AB InBev, giving the global beverage giant control over Modelo's iconic brands. Due to antitrust concerns in the US, AB InBev was required to sell some of Modelo's US operations, including the rights to sell Corona and other brands in the US In 2013, Constellation Brands completed the acquisition of Grupo Modelo's U.


This means that Grupo Modelo beer brands such as Modelo, Corona and Pacifico will then be owned by Constellation Brands in the U.S. However, AB InBev retained control of Modelo's operations outside the U.S. Today, Grupo Modelo remains a central part of AB InBev's global beer empire, with its brands continuing to perform strongly in the Mexican and international markets.