Corona beer has been a popular choice for beer enthusiasts worldwide. As with any well-known brand, questions may arise regarding its ownership. In this blog post, we will delve into who owns corona beer and shed light on the companies behind this iconic Mexican beer1.
Ownership by Constellation Brands in the U.S.
In the United States, the rights to sell Corona beer are owned by Constellation Brands2. Constellation Brands is a prominent beverage company known for its diverse portfolio of alcoholic beverages. They acquired the rights to sell Corona in the U.S. market and have been managing the brand in this region2.
The Impact of the Pandemic
During the COVID-19 pandemic, there were claims that the coronavirus outbreak had a negative impact on the sales of Corona beer2. However, Constellation Brands swiftly addressed these claims and issued a press release denying any adverse effects on Corona beer’s sales2. Despite the initial concerns, Corona beer sales have reportedly fared well throughout the pandemic3.
International Ownership
Outside of the United States, the ownership of Corona beer falls under the umbrella of AB InBev, a Belgian multinational beverage and brewing company1. AB InBev holds the rights to Corona beer in markets other than the United States1.
Legal Matters: Corona Hard Seltzer Lawsuit
In February 2021, AB InBev, the parent company of Corona, Budweiser, and Stella Artois, filed a lawsuit against Constellation Brands4. AB InBev accused Constellation Brands of using the Corona brand name in a hard seltzer and sought legal action in response4. This legal dispute highlights the complex dynamics within the beer industry and the measures taken by companies to protect their brand identities.
Constellation Brands owns the rights to sell Corona beer in the United States, while AB InBev holds ownership of Corona beer in international markets. The brand’s resilience during the COVID-19 pandemic has debunked misconceptions about its popularity. However, the Corona brand has also faced legal challenges, such as the recent Seltzer lawsuit. Understanding the ownership and legal battles surrounding Corona beer offers insight into the intricate world of the beverage industry.
