Third quarter results for Molson Coors Brewing Company this week revealed major restructuring plans for its North American business. Relocations and job cuts will occur in order to ‘revitalize’ the company.
Molson Coors has set out its new sustainability strategy: which includes achieving zero waste to landfill across its major manufacturing facilities, improving water efficiency by 22%, and reducing absolute carbon emissions by 50% in its direct business...
Heineken and Molson Coors Brewing Company have signed a 10-year joint agreement where MillerCoors (Molson Coors’ US division) will import, distribute, and market Mexican beer brand Sol in the US market.
The US Department of Justice says it will permit Anheuser-Busch InBev to proceed with its acquisition of SABMiller. A settlement requires AB InBev to divest SABMiller’s entire US business, including its ownership interest in MillerCoors.
The US Department of Justice has reached a final agreement with AB InBev and SABMiller, which will allow Molson Coors to acquire SABMiller’s 58% stake in MillerCoors, as well as the Miller brand portfolio outside of the US.
A Toronto labor dispute that began nine months ago at Crown Holdings is escalating with strike leaders now urging the Canadian public not to drink beer brands in cans from brewers including Molson Coors and Labatt.
Molson Coors surprised the Street with its poor Q3 performance in Canada due to a high single-digit sales slump for Coors Light, but is the issue for such premium light beers secular rather than economic or climatic?