Budweiser and Gerber Among the Larger American Brands Now Overseas

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Budweiser and Gerber Among the Larger American Brands Now Overseas

by TheStreet 2:37 mins

Budweiser and Gerber Among the Larger American Brands Now Overseas

by TheStreet 2:37 mins

Some of the most well-known American brands aren't actually so American, after all. Many iconic American brands were founded and developed in the U.S. but have since moved overseas. Budweiser is an iconic American beer -- and a top-selling one. In fact, Bud Light was the most popular beer in America last year with nearly 20% of the market share, according to market research firm IRI, while Budweiser was third. Budweiser was founded in St. Louis, Missouri in 1852 by German immigrants who developed the Anheuser-Busch Company. That company was acquired by Brazilian-Belgian company InBev in 2008 for about $52 billion, creating Anheuser-Busch InBev, the world's largest brewer.

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