Mahou San Miguel owns Mahou and the Spanish San Miguel beer range. BBG distributes Mahou in the UK since 2021 and San Miguel since January 2025. [1][2][3][4][5]
01 / Behind the name
Who owns Mahou San Miguel?
Beer group · Spanish San Miguel brand ownership [1][2][3][4][5]
BBG's agreement began on 1 January 2025 after CMBC's exclusive UK licence ended. Distribution is not an AB InBev brand acquisition. The Spanish range is the reviewed scope; separate San Miguel businesses and territorial rights are not merged. Its owner confirms that BBG has distributed Mahou in the UK since 2021. [1][2][3][4][5]
Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.
Follow the investment
Investors in Mahou San Miguel
Investor disclosures found
Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.
Mahou and the Spanish San Miguel range, with their separate BBG UK distribution dates. A distribution agreement does not establish AB InBev ownership; other San Miguel territories remain outside this scope.
Mahou, S.A. / Mahou San Miguel. Mahou remains owned by Mahou San Miguel. Its owner confirms BBG's UK distribution relationship has existed since 2021. Distribution is not an AB InBev brand acquisition. [4][5]
The UK distributor changed to BBG on 1 January 2025; the Spanish brand owner remained Mahou San Miguel. [1]
03 / The figures, with context
What does it report in UK tax?
UK cash corporation tax has not been verified in this ownership review. This does not mean no tax was paid.
United KingdomNot yet verified
UK corporation tax paid
Not yet verifiedCash payment
Mahou San Miguel · UK cash reporting scope not reconciled Annual reporting period not yet verified
This beer ownership review has not established a UK cash corporation-tax payment. Ownership percentages, worldwide tax figures and beer duties do not establish that amount. [1]
These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.
Mahou San Miguel · 2 July 2024: BBG distributes Mahou in UK since 2021; San Miguel from 1 January 2025; commercial arrangement rather than brand acquisition