Inactive Instrument

Grupo Modelo SAB de CV

MXP4833F1044

Brewers

End-of-day quote Mexican S.E. Other stock markets
- ^MXN	-

2014	American Airlines Group Inc : In U.S. mergers, no one waits for this waiting period	RE
2014	Alimentation Couche-Tard Inc : Brewer Grupo Modelo to sell Extra retail business to Circle K	RE

Grupo Modelo SAB de CV : Grupo Modelo completes sale of U.S. business

June 07, 2013 at 06:26 pm EDT

MarketScreener.com By

Grupo Modelo S.A.B. DE C.V. Grupo Modelo completes sale of U.S. business Mexico City, June 7, 2013. Grupo Modelo, S.A.B. de C.V. and Subsidiaries (BMV: GMODELO) ("Grupo Modelo"), the leader in Mexico in beer production, distribution and marketing, today announced that it has successfully completed the sale of U.S. business to Constellation Brands, Inc. (NYSE: STZ, STZ.B). The transaction includes the sale of Grupo Modelo's Piedras Negras brewery, Grupo Modelo's 50% stake in Crown Imports and perpetual rights to Grupo Modelo's brands distributed by Crown in the U.S. Constellation will now be an independent brewer and marketer of beer in the U.S.

AB InBev, Grupo Modelo and Constellation have established a three-year transition services agreement to ensure the smooth transition of the operation of the Piedras Negras brewery. During this timeframe, Constellation has committed to invest approximately USD 500-600 million to expand the Piedras Negras facility, which will ultimately enable it to supply 100% of Crown's needs for the U.S. marketplace.

Transaction Website: www.globalbeerleader.com
Grupo Modelo, founded in 1925, is the leader in Mexico in beer production, distribution and marketing and the seventh zone of Anheuser-Busch InBev, the leading global brewer. Grupo Modelo has a total annual installed capacity of 71.5 million hectoliters. Currently, it brews and distributes 14 brands, including Corona Extra, the number one Mexican beer sold in the world, Modelo Especial, Victoria, Pacífico and Negra Modelo. It exports seven brands and is present in more than 180 countries. It is the importer of Anheuser-Busch InBev's products in Mexico, including Budweiser, Bud Light and O'Doul's. It also imports the Chinese Tsingtao Brand, the Danish beer Carlsberg, and Spanish beer Mahou Cinco Estrellas. Through a strategic alliance with Nestlé Waters, it produces and distributes in Mexico the bottled water brands Sta. María and Nestlé Pureza Vital, among others. Grupo Modelo trades in the Mexican Stock Exchange since 1994 with the ticker symbol GMODELOC and in 2011 it was included in its Sustainability Index. It also quotes as an ADR under the ticker GPMCY in the OTC markets and in Latibex in Spain as XGMD.

Investor Relations

Begoña Orgambide (52-55) 1103-5740

ir@gmodelo.com.mx www.gmodelo.mx

distributed by

Latest news about Grupo Modelo SAB de CV

American Airlines Group Inc : In U.S. mergers, no one waits for this waiting period	14-03-05	RE
Alimentation Couche-Tard Inc : Brewer Grupo Modelo to sell Extra retail business to Circle K	14-02-10	RE
Neftyanaya kompaniya LUKOIL OAO : Mexico draws over $7 billion in foreign investment at Davos	14-01-24	RE
ANHEUSER-BUSCH INBEV : Big Mexican brewers forced to open local beer market	13-07-11	RE
Grupo Modelo SAB de CV : Constellation Brands sees no change in beer pricing plan	13-05-03	RE
Constellation Brands, Inc. : U.S., beer giant InBev settle dispute over Modelo buy	13-04-19	RE
Grupo Modelo SAB de CV : AB InBev says Modelo deal largely in line with its revisions	13-04-19	RE
ANHEUSER-BUSCH INBEV : AB InBev, Justice Department are near an agreement in beer deal	13-04-05	RE
Grupo Modelo SAB de CV : SABMiller sees more LatAm growth, Brazil at standstill	13-03-25	RE
Grupo Modelo SAB de CV : U.S. judge approves delay in Justice Dept-InBev beer fight	13-03-20	RE
Constellation Brands, Inc. : Justice, AB InBev seek to extend delay in big beer deal	13-03-15	RE
InBev, Justice Department seek delay in courtroom beer fight	13-02-20	RE
SABMiller plc : SABMiller CEO's successor to get less boost from deals	13-02-20	RE
Constellation Brands, Inc. : AB InBev revises Modelo deal to clear U.S. objections	13-02-14	RE
Grupo Modelo SAB de CV : In beer antitrust case, U.S. puts successful theory to a new test	13-02-06	RE
Constellation Brands, Inc. : AB InBev could keep Mexico prize with brewery sale	13-02-01	RE
AB INBEV : Constellation attacks DOJ reasoning in move to block Modelo deal	13-02-01	RE
AB INBEV : U.S. sues to stop beer deal to unite Bud and Corona	13-01-31	RE
AB INBEV : Mexico's Modelo says sale to AB InBev will not close in first quarter	13-01-31	RE
Grupo Modelo SAB de CV : AB InBev says to vigorously contest DOJ challenge to Modelo buy	13-01-31	RE
Grupo Modelo SAB de CV : Constellation buying out Modelo beer importer	12-06-29	RE
Companhia de Bebidas das Americas-AmBev : AB InBev buys out Corona maker Modelo for $20 billion	12-06-29	RE
Grupo Modelo SAB de CV : Modelo seen holding cards in AB InBev talks	12-06-25	RE
Companhia de Bebidas das Americas-AmBev : AB InBev in talks to buy Mexico's Modelo	12-06-25	RE
Grupo Modelo SAB de CV : AB InBev says in talks with Corona brewer Modelo	12-06-25	RE

Chart Grupo Modelo SAB de CV

Duration

Period

More charts

Company Profile

Sector

Brewers

More about the company

Sector Other Brewers

	1st Jan change	Capi.
HEINEKEN N.V.	+2.94%	57.54B
CONSTELLATION BRANDS, INC.	+3.53%	45.59B
AMBEV S.A.	-14.93%	34.48B
HEINEKEN HOLDING N.V.	+0.26%	23.39B
CARLSBERG A/S	+14.03%	18.99B
ASAHI GROUP HOLDINGS, LTD.	+10.59%	18.93B
BUDWEISER BREWING COMPANY APAC LIMITED	-32.42%	16.51B
CHINA RESOURCES BEER (HOLDINGS) COMPANY LIMITED	-8.92%	12.94B
TSINGTAO BREWERY COMPANY LIMITED	+8.30%	12.57B

Other Brewers