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The Coors Brewing Company is an American brewery and beer company based in Golden, Colorado, that was founded in 1873.In 2005, Adolph Coors Company, the holding company that owned Coors Brewing, merged with Molson, Inc. to become Molson Coors. [1]
Coors Light is a 4.2% ABV light American lager beer sold by Coors (currently Molson Coors) of Chicago, Illinois. It was first produced in 1978 by the Coors Brewing Company . They had briefly produced a different low-alcohol beer by the same name in 1941.
In 2016, Molson Coors acquired Miller Brewing Company for approximately US$12 billion. [4] The agreement made Molson Coors the world's third largest brewer. [5] Molson Coors is a publicly traded company on both the New York Stock Exchange and Toronto Stock Exchange. Molson Coors has been a constituent of the S&P500 since 2005. [6]
Coors Light is not the only company in recent memory to debut an alter ego. In October 2024, Goldfish temporarily changed its name to the much more mature “Chilean Sea Bass” to appeal to adults.
Overall sales of Coors Light fell last year nearly 2% to roughly $2.7 billion and volume slipped 3.5%. As a result of the sluggish sales for many of its beers, Molson Coors trimmed its 2024 sales ...
MillerCoors was announced as a joint venture between SABMiller and Molson Coors in October 2007 [7] and was approved by regulators on June 5, 2008. The venture was completed on June 30, 2008, and MillerCoors began operation on July 1, 2008.
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Coors became the official beer sponsor of NASCAR in 2008, following the departure of Anheuser-Busch.That company returned as an official partner in 2018. Coors was also a partner of the NFL until Bud Light replaced it in 2011. [4] In addition to its official NASCAR sponsorship, Coors Light has regularly sponsored