Michelob Ultra is owned by AB InBev (Belgium, NYSE: BUD), which acquired the brand on 18 November 2008 from Anheuser-Busch.[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.
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.
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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.
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 8 September 2026, Michelob Ultra is still owned by AB InBev. The ownership record was last checked against primary sources on that date.
Sources (3) & 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.