AB InBev Plans to Buy 50% of Grupo Modelo

AB InBev is planning to buy the rest of the 50% that doesn´t own of Grupo Modelo.

The potential deal is estimated in more than 10 billion.

Mexican Grupo Modelo, the brewery behind Corona, has a market value of approximately $23bn. AB InBev, which makes Budweiser, Stella Artois and Becks, gained a non-controlling 50% stake in Modelo when InBev bought Aneheuser-Busch in 2008. Modelo saw annual revenues of approximately $1.33bn in 2011 and imports its brands into the US through Constellation Brands.

AB InBev is the largest brewer in the world with approximately 18.3% of the global market share of beer in 2011 according to Euromonitor International. In April, AB InBev reported profits of $1.67bn for the first quarter of 2012. The brewery also acquired a controlling stake in Dominican Republic-based Cerveceria Nacional Dominicana for approximately $1.2bn.


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Editorial Staff (@portada_online)

Portada is the leading source of news and analysis on the Latin Marketing and Media space. Credibility is our biggest asset: The Portada team is very passionate about producing high-quality independent content that helps drive forward the Latin Marketing and Media space.
El equipo editorial de Portada se apasiona por elaborar contenidos de alta calidad. La credibilidad es nuestro mayor activo. La misión de Portada es ayudar a profesionales de negocios y medios a comprender y alcanzar a consumidores latinoamericanos, del mercado hispano de EE UU y España.

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