M&A Deal Summary |
|
|---|---|
| Date | 2024-09-12 |
| Target | Atwater Brewery |
| Sector | Beverages |
| Buyer(s) | Tilray Brands |
| Sellers(s) | Molson Coors |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Consumer Products |
| Employees | 1,600 |
| Revenue | 627M USD (2023) |
Tilray Brands is a global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America. Tilray’s mission is to be the trusted partner for its patients and consumers by providing them with a cultivated experience and health and well-being through high-quality, differentiated brands and innovative products. A pioneer in cannabis research, cultivation, and distribution, its unprecedented production platform supports over 20 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and alcoholic beverages. Tilray Brands was founded in 2013 and is based in Leamington, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Beverages) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
| 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. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1774 |
| Sector | Beverages |
| Employees | 16,500 |
| Revenue | 11.7B USD (2023) |
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 | 2 of 2 |
| Sector (Beverages) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
| 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 | - |
