The licensing deal for Australia's No. 1
selling imported beer, Corona, will come under close scrutiny by the Australian competition regulator in the wake of an in - principle agreement for a $ 146 billion global mega-merger between Anheuser - Busch InBev and SAB Miller.
Lion reported a 13 per cent drop in operating profit to $ 334.7 million for the six months ended March 31 after losing the rights to
sell the imported beer brand Corona a year ago.
Not exact matches
To quell Justice Department concerns about AB InBev's $ 20.1 billion acquisition of Grupo Modelo, Brito had to
sell off the Piedras Negras brewery in Mexico, which produces 60 % of Modelo's U.S. volume, to Constellation Brands, along with all U.S. rights to Corona and Modelo
beers, which Constellation will distribute through Crown
Imports.
Alone, it doesn't make a lot of sense, but combine it with these: (1) sales in the craft segment are slowing, and distinctive winners and losers are emerging; (2) large, independent brands not committed to deep cost - cutting are suffering, while corporate - owned craft brands are
selling briskly; (3) small craft
beer producers are still posting big growth gains; but (4) legacy mass market brands are collapsing; finally (5) mass market Mexican
imports are killing it, especially (yay!)
«Our salesmen's knowledge and passion for the craft
beers and
imports that we
sell are really what sets us apart,» Nober notes.
Constellation, a cross-category alcoholic beverage company best known for
selling Mexican
import offerings Corona and Modelo, has confirmed to Brewbound that Ballast Point
beers are no longer being
sold in Massachusetts by Atlantic Beverage Distributors and the Sheehan Family Companies - owned Craft Beer Guild LLC.
As the number one
imported beer in the U.S., Corona Extra
sold more than 116M cases in 2015 and next year will mark the brand «s 20th year in the top spot for the
import beer category.
Available in over 20 countries, Innis & Gunn is the second - biggest supplier of specialty
beer to the UK off - trade, the top
imported Ale brand in Sweden and the best -
selling British Bottled
Beer brand in Canada www.innisandgunn.com
Constellation is the number three
beer company in the U.S. with high - end, iconic
imported brands including Corona Extra, Corona Light, Modelo Especial, Negra Modelo, Pacifico, and Ballast Point, one of the most awarded craft brewers in the U.S. Constellation is also the world's leader in premium wine
selling great brands that people love including Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Franciscan Estate, Ruffino and Jackson - Triggs.
Brewers have to look for
import and export laws, licenses to brew and
sell beer,
beer ingredient specifications, pricing restrictions, advertising and marketing, packaging and labeling, duties and taxes, intellectual property laws.