Constellation Brands said it will submit a proposal to the US Department of Justice to acquire a brewery operation from Grupo Modelo, a subsidiary of Anheuser-Busch InBev SA/NV, for $600m. Located in Obregon, the brewery is expected to ...
The Jalisco region of Mexico is known for its mariachi music, handcrafted art, and as the birthplace of Estrella Jalisco beer. Starting this month, the refreshing, light-flavored pilsner from Guadalajara, Jalisco will be available in the ...
Tags: Jalisco, Mexico, Estrella Jalisco Beer
Grupo Modelo, an arm of beverage major Belgium-based Anheuser-Busch InBev, will pump in $325m in two plants in Yucatan, Mexico, including an aluminum beer-can unit. The cans manufactured at the new unit will replace those being currently ...
Tags: Grupo Modelo, Packaging
Dutch brewing company Heineken is planning to build a new brewery in northern Mexico, which will see an investment of around $470m. The proposed plant will be capable of producing nearly 5 million hectoliters of beer annually. The ...
Revenue growth: Revenue grew by 2.3% in 3Q14 and by 5.3% in 9M14, with revenue per hl growth of 5.0% in 3Q14 and 4.5% in 9M14. On a constant geographic basis, revenue per hl grew by 4.9% in 3Q14 and by 5.2% in 9M14. Total volumes in 3Q14 ...
Tags: Beer volumes, Revenue growth, Agriculture
Global foreign direct investment (FDI) rose to levels not seen since the start of the global economic crisis in 2008, increasing by 11 per cent in 2013 to an estimated $1.46 trillion, with the lion's share going to developing countries, ...
Tags: trade, Investment
The Belgian brewer Anheuser-Busch InBev and Constellation Brands have revised agreement for AB InBev's complete divestiture of the US assets of Mexican beer company Grupo Modelo. The move follows a US Department of Justice decision to ...
Tags: brewer, Anheuser-Busch, InBev, Constellation Brands, Grupo Modelo
Global brewer Molson Coors has launched its Corona Extra Mexican beer in new 710ml bottles, which will be available in the off-trade from 1 May 2012. Molson Coors Corona senior brand manager Darius Burrows said the beer is all about ...
Tags: marketing investment, marketing campaign, bottle launch