Michelob Ultra is owned by AB InBev (Belgium, NYSE: BUD), which acquired the brand on 18 November 2008 from Anheuser-Busch, as part of a $52 billion deal that also included Budweiser and Bud Light.[1][2] Before AB InBev, Michelob Ultra was owned by Anheuser-Busch from 2002 to 2008.[2]
Michelob Ultra is a low-carbohydrate light lager launched in 2002, aimed at drinkers concerned about diet at a time when low-carbohydrate eating was widespread. It grew steadily for two decades on fitness-oriented advertising to become one of the largest beer brands in the United States.
What AB InBev's annual report says about Michelob Ultra
Sentences about Michelob Ultra from AB InBev's latest annual filing[1], copied word for word.
Our beer performance was led by Michelob Ultra, the leading brand by volume in the industry and the #1 volume share gainer, and Busch Light, which continued to be the #2 volume share gainer in the industry according to Circana.
We are leading the industry in innovation, with Michelob Ultra Zero and Busch Light Apple the top two innovations in beer in 2025.
How often AB InBev names Michelob Ultra in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named more often than it was three years earlier.
The USPTO record for the Michelob Ultra mark lists ANHEUSER-BUSCH, LLC as the owner of record (serial number 76363151). A trademark is often held by a group company rather than the listed parent, so the registrant's name can differ from the owner named above.[4]
AB InBev is a publicly listed company headquartered in Leuven, Belgium, founded in 2008. Brandtree records 21 brands under its control, and it is listed as NYSE: BUD.
AB InBev is the largest brewer in the world, formed in 2008 when the Belgian-Brazilian InBev acquired Anheuser-Busch and enlarged again in 2016 by taking over SABMiller. Its beers are sold in about 150 countries.
Brandtree records a controlling owner for 2,549 brands that began in the United States.
478 of them (19%) are now controlled by a company headquartered in another country, Michelob Ultra among them.
Belgian-Brazilian brewer InBev acquired Anheuser-Busch for $70 a share in cash after an initially hostile approach, creating Anheuser-Busch InBev and moving control of Budweiser out of the United States.
The Office of Fair Trading cleared InBev's acquisition of Anheuser-Busch for the United Kingdom in November 2008. The combination created the largest brewer in the world and began the consolidation that later produced the AB InBev and SABMiller merger.
Frequently asked questions
Who is the parent company of Michelob Ultra?
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The parent company of Michelob Ultra is AB InBev, a publicly listed company headquartered in Belgium.
Is Michelob Ultra American or Belgian?
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Michelob Ultra originated in the United States in 2002, but it is owned today by AB InBev, which is headquartered in Belgium. So Michelob Ultra is an American-origin brand under Belgian ownership.
When did AB InBev buy Michelob Ultra?
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AB InBev completed its acquisition of Michelob Ultra on 18 November 2008, after announcing the deal on 14 July 2008. The deal, which also included Budweiser and Bud Light, was valued at $52 billion.
Who owned Michelob Ultra before AB InBev?
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Before AB InBev, Michelob Ultra was owned by Anheuser-Busch from 2002 until 2008.
Is Michelob Ultra still owned by AB InBev?
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Yes. As of 9 October 2026, Michelob Ultra is still owned by AB InBev. The ownership record was last checked against primary sources on that date.
Sources (4) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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