When it comes to the beloved Mexican beers, Corona and Modelo, understanding their ownership can be a bit confusing. Many beer enthusiasts wonder who exactly is behind these iconic brands. In this article, we will delve into the ownership of Corona and Modelo, unraveling the complexities and shedding light on the matter.
Who Owns Corona?
Corona, known for its refreshing taste and iconic lime wedge, is owned by Grupo Modelo, a Mexican brewery. However, it is important to note that Grupo Modelo is itself owned by Anheuser-Busch InBev (AB InBev), a multinational beverage conglomerate based in Belgium.
AB InBev, one of the largest beer companies globally, acquired Grupo Modelo back in 2013. This acquisition allowed AB InBev to expand its portfolio and gain control over popular brands like Corona.
Constellation Brands and Modelo
Now, let us shift our focus to Modelo, another popular Mexican beer. In the United States, Modelo is not directly owned by AB InBev like Corona. Instead, it is owned by Constellation Brands, a prominent American beverage company.
Constellation Brands holds a license to brew and distribute Modelo beers within the United States. This includes iconic variations such as Modelo Especial, Negra Modelo, and Pacifico. Therefore, while Constellation Brands has control over the distribution and marketing of Modelo in the US market, it is separate from the ownership by AB InBev.
The AB InBev Connection
Although Modelo is not directly owned by AB InBev in the United States, there is still a connection between the two. AB InBev, as we mentioned earlier, owns Grupo Modelo, the parent company of Corona. As a result, there may be certain synergies and collaborations between the two brands, allowing for shared resources and expertise.
It’s worth noting that AB InBev’s ownership of Grupo Modelo and Constellation Brands’ control over Modelo in the US have both resulted in extensive marketing efforts for both Corona and Modelo beers. These marketing campaigns have contributed to the widespread popularity and recognition of these brands among consumers worldwide.
The Essence of Corona and Modelo
Regardless of the intricate ownership arrangements, it is important to remember that the essence of Corona and Modelo lies in the quality and experience they offer to beer enthusiasts. Both brands have established themselves as leaders in the industry, delivering unique flavors and a premium drinking experience.
Corona is renowned for its light, crisp taste that is often enjoyed with a splash of lime, making it a perfect choice for beach gatherings and social occasions. Meanwhile, Modelo offers a range of styles, from the smooth and balanced Modelo Especial to the rich and malty Negra Modelo.
In Conclusion
In conclusion, while Corona is directly owned by AB InBev through its subsidiary Grupo Modelo, Modelo has a separate ownership structure in the United States. Constellation Brands holds the license for brewing and distributing Modelo beers in the US market.
Understanding the ownership of Corona and Modelo allows us to appreciate the diverse business arrangements that make these iconic beers available for us to enjoy. So, next time you reach for a Corona or a Modelo, you can savor not only the refreshing taste but also the behind-the-scenes effort that goes into bringing these iconic brands to your glass.
