![]() ![]() ![]() Reuters first reported the news of the lawsuit, which comes amid surging demand for hard seltzer in the US, on Monday.Ĭonstellation told Reuters in a statement that the company was "very surprised" by the lawsuit and called it an attempt to squash a competitor. Grupo Modelo, AB InBev's Mexico-based brand, claims that Constellation violated the deal by using the Corona brand for a non-beer product, according to court documents reviewed by Insider. AB InBev retained rights to the products in other markets, and the deal gave Constellation the rights to produce Corona and other Modelo brands in the US. Corona beer sounds like coronavirus, but it's not making any changes to its marketing CNN Business DOW S&P 500 NASDAQ 65 The spread of the coronavirus couldn’t have come at a worse time for. Browse 1,067 corona beer photos and images available, or search for corona beer vector or bucket of corona beer to find more great photos and pictures. The beverage brand that owns Budweiser, Corona, and Stella Artois, is suing US beer-maker Constellation Brands for using the Corona brand name in a hard seltzer, according to a lawsuit filed Monday.īeverage giant Anheuser-Busch InBev (AB InBev) acquired Corona's parent company, Grupo Modelo, in 2013, but US antitrust regulators required it to sell the company's US-based business to Constellation. And since its inception, Corona has created a consistent and emotionally engaging brand image. Account icon An icon in the shape of a person's head and shoulders. The Mexican beer brand was introduced to the world in 1925 and by the mid-1990s, Corona emerged as the top-selling import beer in the United States, a position it still holds up to the present. ![]()
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