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Archive record · Brewery

Grupo Modelo

Mexico City, Mexico

ActiveConglomerate-ownedMacro
Founded
1925
Archive ID
TB-3HXFZ0H0
Last checked
2026-09-27

Who owns this brewery?

Anheuser-Busch InBev

The direct owner is recorded. No company is held above it.

  1. Grupo ModeloThis brewery
  2. Anheuser-Busch InBevConglomerate
01

From the record

Summary

Brewer of Corona, Modelo and Victoria. Acquired outright by AB InBev in 2013 — though the US rights sit permanently with Constellation Brands, an unusual split that made Constellation a beer giant.

A summary written during research. The sourced facts are in the sections below.

Tally’s Take

Home of Corona and Modelo. AB InBev owns it globally, but the US rights were sold off permanently — which is why Constellation prints money.

Ownership & corporate history

  1. Acquired by Anheuser-Busch InBevJune 2013
    What the sources say

    Researched 2026-09-13 (Wikidata parent lead); no held claim preceded it. USD 20.1bn for the shares AB InBev did not already own; tender at USD 9.15 per share, about 95% held at completion; fully consolidated from 4 June 2013.

  2. Owned by Anheuser-Busch InBev (AB InBev)Date unknown

    Partly settledCurrent evidence supports this, but the record is not fully resolved.

    What the sources say

    Grupo Modelo states it has been part of AB InBev since 2013.

Ownership history is kept as dated events, so a change of owner never overwrites the one before it.

02

The Museum

Timeline

  1. 1925
    Founded

    Grupo Modelo begins brewing in Mexico City.

  2. 2013
    Acquired

    Acquired outright by AB InBev in 2013 — though the US rights sit permanently with Constellation Brands, an unusual split that made Constellation a beer giant.

04

The Beer Library

Beers

Corona Extra

Year-Round

Pale Lager

ABV4.5%

Nobody can prove where the lime ritual came from. The best theory: a bartender's bet in 1981 that he could start a trend. If true, it is the most successful bar bet in history.

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Negra Modelo

Year-Round

Vienna Lager

ABV5.4%

The Vienna lager style all but died in Austria — it survives because Austrian brewers followed Emperor Maximilian to Mexico in the 1860s. The empire collapsed; the beer stayed.

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Victoria

Year-Round

Vienna Lager

ABV4.0%

Agustín Marendaz founded Victoria in 1865, two years before Canadian Confederation and decades before most other Mexican brands existed. Its signature yellow label carries Gambrinus, a mythical 'king of beer' figure borrowed from centuries-old European brewing folklore, presiding over the oldest beer still sold in the country.

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Modelo Especial

Year-Round

UNKNOWN

Group-level brand only; production-site attribution unresolved. (Current brand)

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Pacífico

Year-Round

UNKNOWN

No branch/site attribution inferred. (Current brand)

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07

Follow the money

How it changed hands

1 recorded move
  1. 1925Founded
  2. 2013Acquired

    Acquired outright by AB InBev in 2013 — though the US rights sit permanently with Constellation Brands, an unusual split that made Constellation a beer giant.

Today the chain tops out at Anheuser-Busch InBev.

08

Show your working

Sources

  1. controlConfirmed

    Grupo Modelo is controlled by Founder / family.

    Anheuser-Busch InBev — SEC filing · U.S. Securities and Exchange Commission · 2026-02

    PrimaryHigh reliabilitySource accessed 2026-08-05
    Claim last checked 2026-08-05

Only the claims above are sourced. Everything else on this page is the archive's own research and has not yet been tied to a document — which is worth knowing rather than hiding.

09

Straight answers

Common questions about Grupo Modelo

Who owns Grupo Modelo?
Grupo Modelo is owned by Anheuser-Busch InBev. Grupo Modelo is based in Mexico City, Mexico.
Is Grupo Modelo still independent?
No. Grupo Modelo is owned by Anheuser-Busch InBev and is no longer independent.
When was Grupo Modelo acquired?
2013. Acquired outright by AB InBev in 2013 — though the US rights sit permanently with Constellation Brands, an unusual split that made Constellation a beer giant.
When was Grupo Modelo founded?
Grupo Modelo was founded in 1925 in Mexico City, Mexico.
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