Grupo Modelo, the brewery that makes Corona beer won an arbitration against its longtime importer for the Eastern United States, the Gambrinus Company of San Antonio, Texas. When Modelo announced last year that they would not be renewing Gambrinus’ contract, the importer took the dispute to the Paris-based International Chamber of Commerce for arbitration. The contract is set to expire in 2007.
Gambrinus also owns or imports several other brands, including Moosehead, Shiner, Pete’s Wicked, Trumer and BridgePort. Anheuser-Busch also owns 50% of Grupo Modelo.