By James Atkinson

Mexican brewer Grupo Modelo has responded to speculation about the future of its lucrative Corona beer contract in Australia.

The Corona contract has long been held by Foster's, but recent media reports have suggested Coca-Cola Amatil is planning to bid for the contract once it is free to return to the Australian beer market next year.

Grupo Modelo spokeswoman Jennifer Shelley told TheShout the company is "currently evaluating its options" for Corona in Australia.

"We don't speculate about the possible results," she said.

Shelley confirmed Corona's continued dominance of the premium imported beer market.

"Corona is currently performing very well in Australia, where almost 4 out of every 10 imported beers consumed in the country are Corona beers," she said.

Coca-Cola Amatil spokeswoman Sally Loane told TheShout the company "doesn't comment on market speculation".

The Shout Team

The leading online news service for Australia's beer, wine, spirits and hospitality industries.

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