Grupo Modelo, S.A.B. de C.V., together with its subsidiaries, engages in the production, distribution, and marketing 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, Ideal Azabache, Ideal As de Oros, and Victoria brands. It also imports and distributes Budweiser, Bud Light, O'Doul's, Tsingtao, and Carlsberg beer brands; and produces and distributes bottled water under Gerber, Nestlé Pureza Vital, Perrier, Sta. María, and S. Pellegrino brands. 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 based in Mexico City, Mexico. Grupo Modelo, S.A.B. de C.V. is a subsidiary of Anheuser-Busch InBev SA/NV.