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Coors Brewing Company, Molson, Beer Business Syndicate content


SABMiller, Molson Coors Name JV Execs

CFO-, CIO-designates named. SABMiller plc and Molson Coors Brewing Company named two executives for the proposed MillerCoors joint venture. Tim Wolf, the chief financial officer of Molson Coors, was named chief integration officer-designate of the JV, which is subject to..."Brew" Blog

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MillerCoors Launched

Board members named. SABMiller plc and Molson Coors Brewing Company today announced the closing of the transaction to create MillerCoors.MillerCoors, which combines their U.S. and Puerto Rico operations, begins operating as a combined entity on July 1.As a unified company with a world-class board and leadership team in place, MillerCoors will be able to create tremendous opportunities for innovations in products and services that will allow us to drive profitable growth, Pete Coors, Chairman of MillerCoors, said in a release announcing the closing.  read more »

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MillerCoors HQ to Chicago

Substantial operations, investment in hometowns.MillerCoors announced today that it is placing its headquarters in Chicago even as it maintains substantial operations in Golden, Colo., and Milwaukee.MillerCoors picked Chicago for a variety of reasons. One of them: Picking a neutral site reflects the 50-50 governance structure agreed to by SABMiller plc and Molson Coors Brewing Company.  read more »

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MillerCoors A Once in A Lifetime Opportunity

Executives highlight scale, brands, talent.The leadership team of MillerCoors highlighted the new companys scale, brands and talent as reasons it can win in the U.S. beer market.MillerCoors, which brings together the U.S.  read more »

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Invest in Your Brands, MillerCoors Exec Says

We are a brand-driven industry, Long says.Brewers must remain committed to investing in brands even as they grapple with rising costs, MillerCoors President and Chief Commercial Officer Tom Long said Wednesday. Investing in brands is critical as the consumer market continues to fragment and wine and spirits present formidable competition, he said during a speech at the Beer Institutes annual meeting in White Plains, N.Y.Indeed, increased investment behind brands -- along with driving efficiency -- is a key presumption shaping the thinking of MillerCoors executives.There has never been a more critical time to invest, Long, the incoming chairman of the Beer Institute, said in his prepared remarks. We are a brand-driven industry.  read more »

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Molson Coors Gets Corona in Canada

January 02, 2008 - Grupo Modelo and Molson Coors Brewing Company announced they have established a long-term joint venture

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SABMiller, Molson Coors Sign Definitive JV Agreement

Deal expected to close in mid-2008. SABMiller plc and Molson Coors Brewing Company today announced that they have signed the definitive transaction agreement for the combination of the U.S. and Puerto Rico operations of their respective subsidiaries into MillerCoors LLC...."Brew" Blog

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SABMiller, Molson Coors Sign Definitive JV Agreement

Deal expected to close in mid-2008.SABMiller plc and Molson Coors Brewing Company today announced that they have signed the definitive transaction agreement for the combination of the U.S. and Puerto Rico operations of their respective subsidiaries into MillerCoors LLC. Graham Mackay, Chief Executive of SABMiller, said, &quotTodays announcement is an important step forward towards completing the MillerCoors joint venture, a combination that will ultimately allow us to better meet the needs of di  read more »

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Adami Reflects Part 2

"I believe that a solid foundation was put in place."Norman Adami faced daunting challenges when he took the reins of Miller Brewing Company in March 2003. The brewer was in the midst of a 15-year decline. Miller Lite had slipped to the No. 3 light brand. Anheuser-Busch was firing on all cylinders. Consumer appeared to have grown bored with beer.The conventional wisdom held those facts were unchangeable. Hows that conventional wisdom held up? A-B has been losing market share since 2004. Miller L  read more »

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What Next at Coors?

CEO van Paaschens resignation raises questions.Frits van Paasschen successfully got Coors Brewing Company back on track after several year of declining sales and marketing drift.Now that hes left the company to take the top post at Starwood Hotels, some obvious questions pop up.1. Will Coors replace him and how long will that take?2. Will Coors lead to any change in Coors overall strategy of focusing on three brands?3. Will Coors change its brand strategies?Beer Marketers Insights Express on Tu  read more »

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