The top 10 biggest beer brands25th June, 2013 by Andy Young
6. Corona Extra
Volume sales: 31.6m barrels
Brand owner: AB InBev
Head office: 1 Busch Place, St Louis, MO, 63118 USA
Tel: +1 800 342 5283
President and CEO: August A Busch IV
PR: Trimedia (UK) +44 (0)20 7025 7500
Corona Extra is the leading beer brand in Mexico, the number one imported beer in the US and the most popular Mexican beer in the world. This Pilsner beer was first produced in 1925 and is now sold in over 170 countries around the world.
In early June 2013 AB InBev finally completed its US$29.1bn acquisition of the Grupo Modelo, which had been the subject of a long-running tussle with US antitrust regulators. When AB InBev, which already owned half of Grupo Modelo, announced its plans to buy the remaining half in 2012 the US Justice Department raised concerns that the deal would mean the loss of an important competitor in the US beer industry and thereby hurt consumer. But after months of negotiations AB InBev changed the terms of the deal and subsequently settled the Justic Department’s antitrust concerns, allowing the deal to go ahead and giving AB InBev total control over another top 10 best-selling beer.