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Grupo Modelo, S.A.B. de C.V. (GMODELOC.MX)

118.94 Up 0.03(0.03%) 4:09PM EDT
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Grupo Modelo, S.A.B. de C.V.
Javier Barros Sierra, # 555
Col. Zedec Santa Fe
Mexico, DF 01210
Mexico - Map
Phone: 52 55 2266 0000

Index Membership:N/A
Sector:Consumer Goods
Industry:Beverages - Brewers
Full Time Employees:N/A

Business Summary 

Grupo Modelo, S. A. B. de C. V., together with its subsidiaries, engages in the production, distribution, and sale of beer. The company brews and distributes beer under Corona Extra, Barrilito, Corona Light, Estrella, León, Modelo Especial, Modelo Light, Montejo, Negra Modelo, Pacífico, Pacífico Light, Tropical Light, and Victoria brands. It also imports and distributes beer of Budweiser, Bud Light, O'Doul's, Tsingtao, and Carlsberg brands; and produces and distributes bottled water under Gerber, Nestlé Pureza Vital, Perrier, Sta. María, and S. Pellegrino brands. In addition, the company operates convenience stores under the Extra name that offer soft drinks, water, wine, liquor, food, and other products; and owns sports teams. It operates 980 Extra stores in Mexico. The company sells its products in Mexico, as well as exports to approximately 180 countries. It has a strategic alliance with Nestlé Waters for the production and distribution of bottled water in Mexico. The company was founded in 1925 and is headquartered in Mexico, Mexico. As of May 31, 2013, Grupo Modelo, S.A.B. de C.V. operates as a subsidiary of Anheuser-Busch InBev SA/NV.

Key Statistics

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Key Executives 
Daniel Del Rio ,
Chairman and Vice-Pres of Operations
Mr. Ricardo Tadeu , 38
Chief Exec. Officer
Mr. C.P. Emilio Fullaondo Botella ,
Chief Financial Officer and VP of Admin. & Fin.
Mr. Ra Gil Loredo ,
VP of Technology
Ms. Margarita Hugues Velez , 49
Sec. and Gen. Counsel
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in MXN.