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Constellation Brands Completes Acquisition of Grupo Modelo’s U.S. Beer Business

By June 9, 2013Top News

Constellation Brands, Inc. (NYSE: STZ and STZ.B) completed its acquisition of Grupo Modelo’s U.S. beer business from Anheuser-Busch InBev for approximately $4.75 billion as announced on June 7, 2013. The transaction includes full ownership of Crown Imports LLC which provides Constellation with complete, independent control of all aspects of the U.S. commercial business; a state-of-the-art brewery in Nava (Piedras Negras), Mexico; exclusive perpetual brand license in the U.S. to import, market and sell Corona and the Modelo brands Crown currently sells and the freedom to develop brand extensions and innovations for the U.S. market.

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