Tag Archive | "modelo"

Modelo Sues Constellation Brands

Modelo Sues Constellation Brands

Mexican brewing giant Grupo Modelo is suing a unit of Constellation Brands, over a dispute regarding marketing policies at their US joint venture Crown Imports. The two groups jointly run Crown Imports, which has exclusive rights to import Modelo brands such as Corona, Tsingao and Pacifico into the US. The dispute is related to related to Constellation's alleged refusal to fund marketing efforts at Crown, which Modelo has since made up for. Modelo did not say how much it was seeking in liabilities, and Constellation declined to comment on the lawsuit, saying the company had not yet seen it. [...more]

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Mexico: Profits down – Sales Up – Exports down for Modelo

Mexico: Profits down – Sales Up – Exports down for Modelo

Mexican brewer Grupo Modelo reported a 47 percent decline in second-quarter net profit on Wednesday, hit by the cancellation of some derivative positions that more than offset an increase in sales. [...more]

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California: National Accounts Manager

California: National Accounts Manager

Crown Imports LLC is a joint venture that imports, distributes and markets the most attractive imported beer portfolio across the entire U.S. The Crown portfolio includes Corona Extra, the #1 imported beer in the U.S. and #6 beer overall, Corona Light, Modelo Especial, Negra Modelo, Pacifico, St. Pauli Girl and the Tsingtao beer brands. [...more]

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