The deal was completed this week

The deal was completed this week

Earlier this week, Anheuser-Busch InBev announced it had completed its US$20.1bn acquisition of Corona brewer Groupo Modelo. Here we take a look at some of the facts and figures as a result of the deal: 

Figures 

  • A-B InBev expects to produce 400m hectolitres of beer per year due to the combined operations 
  • The deal brings together five of the world's top six "most valuable" beer brands, according to A-B InBev 
  • The combined operations are expected to bring around $1bn in cost synergies 
  • Mexico is the world's fourth largest profit pool for beer  
  • Mexico becomes A-B InBev's seventh global "zone" - the other six are: North America, Latin America North, Latin America South, Western Europe, Central and Eastern Europe, and Asia-Pacific
  • Modelo's HQ will stay in Mexico City 

Personnel 

  • Ricardo Tadeu, AmBev president, becomes Grupo Modelo CEO & A-B InBev's Mexico president 
  • Modelo will continue to have a "local board", to be appointed at A-B InBev's next shareholders meeting
  • Modelo's CEO Carlos Fernández, vice-chairman María Asunción Aramburuzabala and vice-president Valentín Díez Morodo will "continue to play an important role" on Modelo's board
  • Aramburuzabala and Morodo will join A-B InBev's board of directors, subject to approval from shareholders