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
Kaplan Johnson Abate & Bird (Legal)

Target

Blue Run

Georgetown, Kentucky, United States
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.

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Buyer(S) 1

Buyer

Molson Coors

Chicago, Illinois, United States
Category Company
Founded 1774
Sector Beverages
Employees16,500
Revenue 11.7B USD (2023)
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 Chicago, Illinois.

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 a craft brewery that offers traditional German-style lagers and unique ales. Atwater Brewery is based in Detroit, Michigan.

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