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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]
The new name will come on limited-time 12-pack packaging, turning a “Case of the Mondays” into a literal case of beer available to buy at retailers nationwide. Coors Light is changing its name.
Molson Coors was created by the merger of two of North America's largest breweries: Molson of Canada, and Coors of the United States, on February 9, 2005. [1] Molson Coors acquired full ownership of the Miller brand portfolio from SABMiller in 2016. [ 2 ]
Molson Coors saw its US volume spike 5% in Q2 last year as the Bud Light boycott drove drinkers to its brands. It said it held on to 80% of the market share it gained.
The Adolph Coors Company was formerly a holding company in Golden, Colorado controlled by the heirs of founder Adolph Coors. Its principal subsidiary was the Coors Brewing Company. The brewery was founded in 1873. [1] In 2005, Adolph Coors Co. merged with Molson, Inc. to become the Molson Coors Brewing Company. [2]
Molson Coors Canada owns 50% of Brewers Distribution Limited in Western Canada. Molson Coors Canada has the marketing and selling rights for Heineken in Canada. On 30 October 2019, the Molson Coors Brewing Company announced it would change its name to Molson Coors Beverage Company as a part of a restructuring to take place in 2020. [15]
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