Grupo Modelo, the Mexican brewer half owned by Anheuser-Busch Cos. Inc. ,said on Aug 18 that it will become the exclusive distributor of China's largest brewer, Tsingtao, in Mexico by the end of 2006.

According to media reports, Modelo signed the agreement with the Tsingtao Brewery Co. at the 16th International Beer Festival in China's Quingdao province. A-B owns about 27 percent of Tsingtao, which is China's largest brewer with a market share of about 13 percent.

Mexico City-based Grupo Modelo exports brands including Corona products, Estrella, Leon Negra, Light Modelo, Modelo Especial, Montejo, Pacifico, Negra Modelo and Victoria beer, with presence in more than 150 countries. It is the exclusive importer and distributor of Anheuser-Busch's products in Mexico.

St. Louis-based Anheuser-Busch Cos. Inc., the largest domestic brewer, manufactures and recycles aluminum cans and operates theme parks.

Source:佚名