June 17, 2015

Alcoholic beverage maker, Constellation Brands Inc. is investing $2 billion into its Mexican operations with the goal of increasing its share in the U.S. market. The group has an agreement to sell beers by Grupo Modelo, a Mexican brewer owned by Anheuser Busch InBev, which include brands such as Corona and Modelo Especial on the U.S. market.

The investment will be dedicated to the expansion of Constellation’s bottling and brewing plant in the northern Mexican state of Coahuila.

“Constellation Brands is investing because we believe that premium Mexican beer will keep growing and will keep leading this segment of the U.S. beer market for years to come,” said Robert Sands, Constellation’s chief executive officer.

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