Constellation Brands is not owned by AB InBev. In fact, Constellation Brands is a separate and independent company in the beverage alcohol industry. However, there is a connection between the two companies when it comes to the rights to the Corona name in the United States.
In 2013, AB InBev sold Grupo Modelo's US business to Constellation Brands. As part of this deal, Constellation Brands gained the rights to the Corona name and other Grupo Modelo brands in the US market. This means that Constellation Brands is the owner of the rights to the Corona name in the United States.
On the other hand, AB InBev maintains the rights to the Corona name in other parts of the world. This means that while Constellation Brands can use the Corona name for their products in the US, they do not have the rights to use it in other countries where AB InBev holds the rights.
The acquisition of Grupo Modelo's US business by Constellation Brands was a significant move in the beverage alcohol industry. It allowed Constellation Brands to expand its portfolio and strengthen its position in the US beer market. The Corona brand, in particular, has been a major success story for Constellation Brands, becoming one of the leading imported beer brands in the US.
As a sommelier and brewer, I have had the opportunity to witness the popularity of the Corona brand firsthand. Many consumers enjoy its light and refreshing taste, especially during the summer months. The acquisition of the rights to the Corona name by Constellation Brands has enabled them to capitalize on the brand's strong reputation and appeal to a wide range of beer drinkers.
While Constellation Brands is not owned by AB InBev, there is a connection between the two companies regarding the rights to the Corona name. Constellation Brands gained the rights to the Corona name in the US when they acquired Grupo Modelo's US business from AB InBev in 2013. AB InBev, however, maintains the rights to the Corona name in other parts of the world. This distinction allows both companies to continue leveraging the strength and popularity of the Corona brand in their respective markets.