World’s Largest Brewing Company Purchases Grupo Modelo
In one of the largest acquisitions in the history of beer, Anheuser-Busch recently bought the remaining 50% of Grupo Modelo that is did not already own. Grupo Modelo is the Mexico based company that produced Corona beer which is one of the top selling import beers in the world and is number one in the U.S.
$20 billion is a lot of money. What do you think? Did AB InBev make the right move?
For those interested, here are some of the numbers and interesting facts concerning these two massive companies:
2011 Revenue: $6.5 Billion
2011 Net Income: $853.1 Million
Available in: 170+ countries
Other brands produced by Grupo Modelo:
Victoria, Pacifico, Negro Modelo, Modelo Especial, Modelo Light, Estrella, Leon.
2011 Revenue: $39 Billion
2011 Net Income: $8 Billion
CEO Salary: $1.28 Million
Dividend Payout Ratio: 27%
Brands produced by Anheuser-Busch:
- Stella Artois
- Alexander Keith’s
- Guaraná Antarctica
- Rolling Rock
- Harbin Brewery
- Goose Island
- Hertog Jan
- Natural Ice
- Sibirskaya Korona
- Shock Top