When it comes to popular Mexican beers, Corona and Modelo are undoubtedly two of the most recognizable names in the industry. They have captured the hearts and taste buds of beer enthusiasts around the world. But one question that often lingers in the minds of many is whether these two beloved brands are owned by the same people. In order to shed light on this inquiry, let’s delve into the ownership structure of these beer giants.
The Ownership of Corona
Corona, known for its refreshing taste and iconic branding, is a product of Grupo Modelo, a Mexican brewery founded more than 90 years ago. However, in 2013, Grupo Modelo was acquired by Anheuser-Busch InBev, a multinational beverage and brewing company based in Belgium. This acquisition raised concerns among beer consumers regarding the future direction of Corona under its new ownership.
The Rise of Modelo
Meanwhile, Modelo, with its flagship brew Modelo Especial, has been making waves in the beer market. In fact, in May of this year, Modelo Especial surpassed Bud Light as the best-selling beer in the United States, ending Bud Light’s reign of dominance that had lasted for over two decades. This achievement further solidified the brand’s position as a major player in the industry.
The Relationship Between Corona and Modelo
Although Corona and Modelo hail from Mexico and have achieved significant success, they are not directly owned by the same people. Corona, as aforementioned, is now under the ownership of Anheuser-Busch InBev, while Modelo is owned by Constellation Brands, a prominent American beverage company.
Constellation Brands and Modelo
Constellation Brands obtained the U.S. licensing rights to distribute Modelo’s beers back in 2013, after Anheuser-Busch InBev acquired Grupo Modelo. This agreement between the two companies enabled Constellation Brands to take on a key role in the distribution and marketing of Modelo beers in the United States, contributing to the brand’s rise in popularity and strong sales performance.
Conclusion
In summary, while Corona and Modelo both hold significant positions in the beer market, they are owned by different companies. Corona is owned by Anheuser-Busch InBev, while Modelo is under the umbrella of Constellation Brands. However, it is important to note that Constellation Brands plays a crucial role in the distribution and success of Modelo beers in the United States. As beer enthusiasts, we can continue to enjoy the refreshing flavors of both Corona and Modelo, knowing that these two iconic brands are each backed by their respective owners.
