M&A Deal Summary

Molson Coors Acquires Blue Run

On August 8, 2023, Molson Coors acquired beverage company Blue Run

Acquisition Highlights
  • This is Molson Coors’ 10th transaction in the Beverages sector.
  • This is Molson Coors’ 3rd transaction in the United States.
  • This is Molson Coors’ 1st transaction in Kentucky.

M&A Deal Summary
Date 2023-08-08
Target Blue Run
Sector Beverages
Buyer(s) Molson Coors
Deal Type Add-on Acquisition
Advisor(s) Foley & Lardner LLP
Kaplan Johnson Abate & Bird (Legal)

Target

Blue Run

Georgetown, Kentucky, United States
website
Blue Run is a producer of finely crafted bourbon and rye whiskies. It is crafted by Blue Run Distillery Consultant and Liquid Advisor, Bourbon Hall of Famer Jim Rutledge and Whiskey Director Shaylyn Gammon. Blue Run Spirits was founded in 2020 and is based in Georgetown, Kentucky.

Search 192,907 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Molson Coors

Golden, Colorado, United States

website

Category Company
Founded 1774
Sector Beverages
Employees16,600
Revenue 10.7B USD (2022)
DESCRIPTION

Molson Coors is a US producer of beer. Molson Coors has a diverse portfolio of owned and partner brands, including signature brands Coors Light, Molson Canadian, Carling and Staropramen, as well as craft and specialty beers such as Blue Moon, Creemore Springs, Cobra and Doom Bar. Molson Coors Beverage was founded in 1774 and is based in Golden, Colorado.

DEAL STATS #
Overall 10 of 10
Sector (Beverages) 10 of 10
Type (Add-on Acquisition) 8 of 8
State (Kentucky) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-22 Atwater Brewery

Detroit, Michigan, United States

Atwater Brewery is highly regarded in the Michigan craft beer community for its traditional German-style lagers and unique ales.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-18 Truss Beverage

Toronto, Ontario, Canada

Truss Beverage is a producer of cannabis products providing a variety of taste experiences for multiple beverage occasions. Truss Beverage is based in Toronto, Ontario.

Sell -
Mergr

Product

Company

Legal