What Constellation’s purchase of remaining Crown Imports stake means for U.S. market
Constellation will control nearly half of U.S. beer imports, including several fast-growing brands. Shipments of Modelo Especial, Pacifico and Negra Modelo last year rose 21%, 7.7% and 6.1%, respectively, according to Beer Marketer’s Insights. Corona Extra shipments, which represent more than half of Constellation’s beer volumes, grew for a third straight year, albeit just 0.1%, according to the market-research firm. Constellation says Corona Extra’s depletions, which track actual sales, were up 2%.
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Breweries: Constellation Brands, Crown Imports
