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Molson Coors

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Molson Coors

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.

Molson Coors was formed in 2005 through the merger of Molson of Canada and Coors of the United States.

In 2016, Molson Coors acquired Miller Brewing Company for approximately US$12 billion. The agreement made Molson Coors the world's third largest brewer.

Molson Coors is a publicly traded company on the New York Stock Exchange and has been a constituent of the S&P 500 since 2005. Its Canadian division, Molson Coors Canada is listed on the Toronto Stock Exchange.

On July 22, 2004, Molson, Inc. and the Adolph Coors Company announced their plan to merge. The merger was completed February 9, 2005, with the merged company being named Molson Coors Brewing Company. The merger included the brands and brewing operations of the Molson Brewery and the Coors Brewing Company. Molson Brewery was started by John Molson in Montreal, Canada, in 1786. Coors Brewing Company was started by Adolph Coors in Golden, Colorado, United States, in 1873.

Molson Coors bought Creemore Springs Brewery on April 22, 2005.

The operations of Molson Coors in Brazil were sold to the Mexican group FEMSA in 2006, and the beer operations of FEMSA was acquired by Heineken International in 2010.

On October 9, 2007, SABMiller and Molson Coors Brewing Company announced a joint venture to be known as MillerCoors for their U.S. brewing and sales operations. SABMiller had 58% stake in the company, and Molson Coors had a 42% stake. MillerCoors combined their operations within North America with the headquarters in Chicago.

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