Beverages & Wineries M&A » By The Online Investor Staff, updated Sat., Apr. 20, 7:36 AM
Recent mergers and acquisitions in the Beverages & Wineries M&A category.
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Slide #14. Constellation Brands — Grupo Modelo's U.S. Beer Business
Acquirer:
Constellation Brands (NYSE:STZ)
Acquiree:
Grupo Modelo's U.S. Beer Business
Details:
Constellation Brands, Inc. (NYSE:STZandSTZ.B), a leading beverage alcohol company, announced today that it has completed its acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev for approximately $4.75 billion. 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.
Constellation Brands is an international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy with various brands like Corona Extra, Modelo Especial, the Robert Mondavi Brand Family, Kim Crawford, Meiomi, The Prisoner Wine Company, High West, Casa Noble, and Mi CAMPO. Co. conducts its business through entities it wholly owns as well as through a variety of joint ventures and other entities. Co.'s reportable segments include: Beer, in which it is a brewer and seller of imported beer in the U.S. market; and Wine and Spirits, in which it is a wine and spirits company in the U.S. market.
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