M&A Deal Summary

SABMiller and Molson Coors Acquire MillerCoors

On October 2, 2007, SABMiller and Molson Coors acquired beverage company MillerCoors

Acquisition Highlights
  • This is SABMiller’s 3rd and Molson Coors’ 1st transaction in the Beverages sector.
  • This is SABMiller’s 1st and Molson Coors’ 1st transaction in the United States.
  • This is SABMiller’s 1st and Molson Coors’ 1st transaction in Illinois.

M&A Deal Summary
Date 2007-10-02
Target MillerCoors
Sector Beverages
Buyer(s) SABMiller
Molson Coors
Deal Type Joint Venture

Target

MillerCoors

Chicago, Illinois, United States
The MillerCoors corporate headquarters in downtown Chicago, Illinois.
The MillerCoors corporate headquarters in downtown Chicago, Illinois.
MillerCoors is a joint venture between SABMiller and Molson Coors Brewing Company. The joint venture was created to sell brands such as Miller Lite, Miller High Life, Miller Genuine Draft, Coors, Coors Light, Molson Canadian, Leinenkugel's, Crispin Hard Cider Company, and Blue Moon across the United States.

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Buyer(S) 2

Buyer

SABMiller

London, United Kingdom
Category Company
Founded 1895
Sector Beverages
Employees70,000
Revenue 16.5B GBP (2015)
DESCRIPTION

SABMiller is a brewer with more than 200 beer brands and some 70,000 employees in over 75 countries.

DEAL STATS #
Overall 3 of 6
Sector (Beverages) 3 of 6
Type (Joint Venture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-19 Bavaria SA

Bogota, Colombia

Bavaria, with beer and malt beverage volumes of 28.6 million hectolitres for the fiscal year ended 31 December 2004, is the second largest brewer in South America, as well as being the largest brewer in the Andean region. Bavaria operates 16 breweries, and enjoys significant market shares in each of its countries of operation: Colombia (99%), Peru (99%), Ecuador (93%) and Panama (79%). The strength of these market shares is supported by established local brands, a well-invested production base and efficient distribution networks.

Buy $3.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-05 Royal Grolsch NV

Enschede, Netherlands

Royal Grolsch NV provides beverages services in Netherlands.

Buy $1.2B
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 1 of 10
Sector (Beverages) 1 of 10
Type (Joint Venture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 3
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-29 Cobra Beer

London, United Kingdom

Cobra Beer Ltd., is a producer of beer.

Buy -
Mergr

Product

Company

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