News tagged Corporate
October 11, 2016Molson Coors is now the third largest global brewer by enterprise value and the sole owner of MillerCoors, which will continue to operate as separate business unit of Molson Coors and will retain its name and headquarters in Chicago.
In Both Football and Corporate Responsibility, No One Wins Alone
August 10, 2016The 2016 Corporate Responsibility Report details the progress we continue to make in growing our positive Beer Print and working toward our 2020 sustainability targets.
Oldest brewer in North America invests in operations in British Columbia
August 4, 2016Molson Coors Canada continues sixty year brewing legacy in British Columbia as it announce plans to construct a new technologically-advanced brewery located in the picturesque Fraser Valley region.
Leadership Appointments to Take Effect Upon Close of MillerCoors Acquisition
July 25, 2016A number of new leadership appointments that will take effect upon the close of the MillerCoors acquisition, which is expected before the end of the year.
US Department of Justice Approves Molson Coors as Acquirer of SABMiller’s Interest in MillerCoors
July 20, 2016Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) (“Molson Coors” or “the Company”) today announced that the U.S. Department of Justice has reached a final agreement with AB InBev and SABMiller, which will allow Molson Coors to acquire SABMiller’s 58 percent stake in MillerCoors (“MillerCoors”), as well as the Miller® brand portfolio outside of the U.S.
Molson Coors Appoints Mauricio Restrepo as Chief Financial Officer
March 31, 2016Molson Coors Brewing Company today announced that Mauricio Restrepo, 51, formerly the Senior Vice President and Chief Financial Officer of Beam Suntory, Inc., has been appointed to the role of Chief Financial Officer, Molson Coors, effective May 2, 2016.
A Taste of History: Burtonwood Brewery
March 15, 2016In March 2015, Molson Coors UK & Ireland purchased the brewing and kegging operations in Burtonwood, Warrington from Thomas Hardy.
Molson Coors to Acquire MillerCoors and Global Miller Brand Portfolio
November 11, 2015Molson Coors Brewing Company announced that it has entered into a definitive agreement with Anheuser-Busch InBev SA/NV to purchase SABMiller plc’s 58% stake in MillerCoors, the joint venture formed in the United States by SABMiller and Molson Coors in 2008. Molson Coors currently owns 42% of MillerCoors. Under the agreement, Molson Coors will also acquire full ownership of the Miller brand portfolio outside of the U.S. and retain the rights to all of the brands currently in the MillerCoors portfolio for the US market, including Redd’s and import brands such as Peroni and Pilsner Urquell. The transaction is valued at $12.0 billion USD, and is conditioned upon the closing of AB InBev’s acquisition of SABMiller, which is expected in the second half of 2016.