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Miller Brewing Company
Miller Brewing Company is an American brewery based in Milwaukee, Wisconsin. It was founded in 1855 by Frederick Miller and was acquired by Molson Coors in 2016. Molson Coors continues to operate the Miller Brewery at the site of the original Miller Brewing Company complex in Milwaukee. Miller has produced several prominent beer brands, including Miller Lite, Miller High Life, and Milwaukee's Best.
Miller Brewing Company was founded in Milwaukee in 1855 by Frederick Miller after his emigration from Hohenzollern, Germany, in 1854 with a unique brewer's yeast. Initially, he purchased the small Plank Road Brewery for $2,300 ($82,280 in 2024). The brewery's location in what is now the Miller Valley provided easy access to raw materials produced on nearby farms. In 1855, Miller changed its name to Miller Brewing Company, Inc. The enterprise remained in the family until 1966.
The company was one of six breweries affected by the 1953 Milwaukee brewery strike. In 1961, Miller purchased the smallest of the "Big Five" Milwaukee brewers, A. Gettelman Brewing Company. In 1966, the conglomerate W. R. Grace and Company bought Miller from Lorraine John Mulberger (Frederick Miller's granddaughter, who objected to alcohol) and her family. In 1969, Philip Morris (now Altria) bought Miller from W. R. Grace for $130 million, outbidding PepsiCo. In 1999, Miller acquired the Hamm's brand from Pabst.
In 2002, South African Breweries bought Miller from Philip Morris for $3.6 billion worth of stock and $2 billion in debt to form SABMiller, with Philip Morris retaining a 36% ownership share and 24.99% voting rights. In 2006, SABMiller purchased the Sparks and Steel Reserve brands from McKenzie River Corporation for $215 million. Miller had been producing both brands prior to the purchase.
On July 1, 2008, SABMiller formed MillerCoors, a joint venture with rival Molson Coors, to consolidate the production and distribution of its products in the United States, with each parent company's corporate operations and international operations to remain separate and independent of the joint venture. SABMiller owned 58% of the unit, which operated in the United States but not in Canada, where Molson Coors is strongest, but the companies had equal voting power.
In September 2015, Anheuser-Busch InBev announced it had reached a full agreement to acquire SABMiller for $107 billion. As part of the agreement with the U.S. Justice Department, SABMiller divested itself of the Miller brands in the U.S. by selling its stake in MillerCoors to Molson Coors. Consequently, on October 11, 2016, SABMiller in the U.S. sold its interests in MillerCoors to Molson Coors for around US $12 billion. Molson Coors gained full ownership of the Miller brand portfolio outside the US, and retained the rights within the U.S. (including Puerto Rico).
Brands with the Miller name, or historically sold by Miller Brewing Company, include:
At the 1978 United States Grand Prix, 1978 Canadian Grand Prix and 1979 Long Beach Grand Prix, the McLaren Formula One team raced a special Löwenbräu livery and entered the Grands Prix as Löwenbräu Team McLaren to promote the brand in the region. At the time, Miller Brewing Company was owned by Phillip Morris (who was the title sponsor of McLaren) and had secured the license to produce Löwenbräu in its United States breweries.
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Miller Brewing Company
Miller Brewing Company is an American brewery based in Milwaukee, Wisconsin. It was founded in 1855 by Frederick Miller and was acquired by Molson Coors in 2016. Molson Coors continues to operate the Miller Brewery at the site of the original Miller Brewing Company complex in Milwaukee. Miller has produced several prominent beer brands, including Miller Lite, Miller High Life, and Milwaukee's Best.
Miller Brewing Company was founded in Milwaukee in 1855 by Frederick Miller after his emigration from Hohenzollern, Germany, in 1854 with a unique brewer's yeast. Initially, he purchased the small Plank Road Brewery for $2,300 ($82,280 in 2024). The brewery's location in what is now the Miller Valley provided easy access to raw materials produced on nearby farms. In 1855, Miller changed its name to Miller Brewing Company, Inc. The enterprise remained in the family until 1966.
The company was one of six breweries affected by the 1953 Milwaukee brewery strike. In 1961, Miller purchased the smallest of the "Big Five" Milwaukee brewers, A. Gettelman Brewing Company. In 1966, the conglomerate W. R. Grace and Company bought Miller from Lorraine John Mulberger (Frederick Miller's granddaughter, who objected to alcohol) and her family. In 1969, Philip Morris (now Altria) bought Miller from W. R. Grace for $130 million, outbidding PepsiCo. In 1999, Miller acquired the Hamm's brand from Pabst.
In 2002, South African Breweries bought Miller from Philip Morris for $3.6 billion worth of stock and $2 billion in debt to form SABMiller, with Philip Morris retaining a 36% ownership share and 24.99% voting rights. In 2006, SABMiller purchased the Sparks and Steel Reserve brands from McKenzie River Corporation for $215 million. Miller had been producing both brands prior to the purchase.
On July 1, 2008, SABMiller formed MillerCoors, a joint venture with rival Molson Coors, to consolidate the production and distribution of its products in the United States, with each parent company's corporate operations and international operations to remain separate and independent of the joint venture. SABMiller owned 58% of the unit, which operated in the United States but not in Canada, where Molson Coors is strongest, but the companies had equal voting power.
In September 2015, Anheuser-Busch InBev announced it had reached a full agreement to acquire SABMiller for $107 billion. As part of the agreement with the U.S. Justice Department, SABMiller divested itself of the Miller brands in the U.S. by selling its stake in MillerCoors to Molson Coors. Consequently, on October 11, 2016, SABMiller in the U.S. sold its interests in MillerCoors to Molson Coors for around US $12 billion. Molson Coors gained full ownership of the Miller brand portfolio outside the US, and retained the rights within the U.S. (including Puerto Rico).
Brands with the Miller name, or historically sold by Miller Brewing Company, include:
At the 1978 United States Grand Prix, 1978 Canadian Grand Prix and 1979 Long Beach Grand Prix, the McLaren Formula One team raced a special Löwenbräu livery and entered the Grands Prix as Löwenbräu Team McLaren to promote the brand in the region. At the time, Miller Brewing Company was owned by Phillip Morris (who was the title sponsor of McLaren) and had secured the license to produce Löwenbräu in its United States breweries.