As Roth MKM analyst Bill Kirk noted, the company — the parent of the Modelo, Corona, Pacifico and Victoria beer brands — imports approximately 100% of its beer from Mexico, representing about ...
Grupo Modelo from México agreed to sell its remaining 50% to Belgian beer company Anheuser-Bush for 20.100 millions of dollars making AB the sole owner of Modelo, informed the Mexican company today.
Avocados and strawberries, and beers like Corona and Modelo could see significant price increases should Trump make good on his promise of imposing a 25% tariff on Mexican exports.