The Future of the Finest Beer

In case you missed it, Corona will soon no longer be a Mexican-owned beer. For an estimated $20 billion, Anheuser-Busch InBev will be acquiring Corona’s parent, Grupo Modelo (makers of Corona Extra, Modelo Especial, Victoria, Pacífico and Negra Modelo). And it wouldn’t be correct to call it an American takeover since AB InBev is now a Belgian concern—the makers of Budweiser and soon Corona have to answer ultimately to someone in a place called Leuven. (Obviously it’s the largest beermaker around—MillerCoors comes in second.) And as the Wall Street Journal recently pointed out, the big winner in all of this will be the Constellation wine company, which somehow gets control of importing Corona and other beers into the United States for at least the next 10 years “in a side deal meant to allay antitrust concerns over the Modelo purchase.”


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