Corona Extra courtest of Grupo Modelo A-B InBev

Constellation reassures Modelo’s U.S. beer distributors

Constellation Brands Inc sought to reassure the U.S. distributors of Grupo Modelo’s beers on Monday that the brand will continue to grow in the United States after the wine company takes it over. Constellation Chief Executive Officer Rob Sands said in a letter that the company’s experience in "producing and moving hundreds of millions of cases of beverage alcohol annually" will help it to successfully own and run the Piedras Negras brewery in Mexico, near the U.S. border.

More >> Reuters.

 

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