Nov
1
2016

Constellation Brands Buys Brewery from Modelo

Comments Off on Constellation Brands Buys Brewery from Modelo

http://www.wsj.com/…/constellation-brands-buys-brewery-from…

Constellation already had the U.S distribution rights for the brewery, but this will consolidate that a good bit. It will also free up some room for AB to make further acquisitions as their overall marketshare will drop a touch. Not to mention the extra capital infusion into AB.

I’m still waiting for Duvel to make another splash in the industry.

Constellation Brands Buys Brewery from Modelo

Constellation Brands Inc. said Monday that it would buy a Mexican brewery from a subsidiary of Anheuser-Busch InBev NV in order to meet demand for its growing Mexican beer portfolio.

WSG.COM

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