Modelo beer is brewed by the Mexican brewery Grupo Modelo, which is owned globally by Anheuser-Busch InBev (AB InBev), a Belgian multinational brewing company

. However, in the United States, the rights to import, market, and sell Modelo beer are owned exclusively by Constellation Brands, a New York-based company, due to antitrust regulations that required AB InBev to divest the U.S. business of Modelo after acquiring Grupo Modelo in 2013

. In summary:

• Grupo Modelo brews Modelo beer in Mexico.
• Anheuser-Busch InBev owns Grupo Modelo and the Modelo brand worldwide except in the U.S.
• Constellation Brands holds the exclusive rights to Modelo beer in the U.S., including production for the U.S. market through its breweries in Mexico.

This arrangement means that while Grupo Modelo and AB InBev control Modelo globally, Constellation Brands manages the U.S. market for Modelo beer