The Compañía Cervecera de Canarias (CCC), based in Santa Cruz de Tenerife , was founded in 1939, starting to make a beer that would be called Dorada. In 1994 it merged with the Canary Industrial Society (SICAL) of Gran Canaria, which was the old La Tropical brewery founded in 1924. Currently, Compañía Cervecera de Canarias has more than 300 Canarian entrepreneurs among its shareholders and is part of the AB InBev International Group.