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Molson Coors information


Molson Coors Beverage Company
FormerlyMolson Coors Brewing Company (2005–2019)
Company typePublic company
Traded as
  • NYSE: TAP.A (Class A)
  • NYSE: TAP (Class B)
  • S&P 500 component (TAP)
IndustryDrink industry
Founded
  • Molson (1786)
  • Coors (1873)
  • Merged (2005)
Headquarters250 South Wacker Drive, Chicago, Illinois, USA
Montreal, Quebec, Canada
Key people
  • Andrew Molson, (Chairman)
  • Pete Coors, (Vice Chairman)
  • Gavin Hattersley, (President and CEO)
ProductsBeer, malt beverages, energy drinks, spirits and wines
RevenueDecrease 10.6 billion (2019)[1]
Operating income
Decrease US$764.4 million (2019)[1]
Net income
Decrease US$241.7 million (2019)[1]
Total assetsDecrease US$28.9 billion (2019)[1]
Total equityDecrease US$13.7 billion (2019)[1]
Number of employees
17,700 (2019)[1]
DivisionsMolson Coors North America
Molson Coors Europe
SubsidiariesMolson Brewery
Coors Brewing Company
Miller Brewing Company
The Beer Store (49%)
Websitemolsoncoors.com

Molson Coors is a Canadian-American multinational drink and brewing company headquartered in Chicago, IL with main offices in Golden, Colorado, and Montreal, Quebec.[2]

Molson Coors was formed in 2005 through the merger of Molson of Canada, and Coors of the United States.[3]

In 2016, Molson Coors acquired Miller Brewing Company for approximately US$12 billion.[4] The agreement made Molson Coors the world's third largest brewer.[5]

Molson Coors is a publicly traded company on both the New York Stock Exchange and Toronto Stock Exchange. Molson Coors has been a constituent of the S&P500 since 2005.[6]

  1. ^ a b c d e f "Molson Coors Brewing Company Annual Report (10-K)" (PDF).
  2. ^ "U.S. SECURITIES AND EXCHANGE COMMISSION".
  3. ^ "Molson announces $6B US merger deal with Coors". CBC. July 22, 2004. Retrieved October 10, 2020.
  4. ^ Brown, Lisa (October 11, 2016). "A-B InBev finalizes $100B billion acquisition of SABMiller, creating world's largest beer company". Chicago Tribune. Retrieved January 29, 2017.
  5. ^ "Molson Coors Completes Acquisition of Full Ownership of MillerCoors and Global Miller Brand Portfolio". Molson Coors. October 11, 2016. Archived from the original on February 2, 2017. Retrieved January 29, 2017. Becomes World's Third Largest Brewer by Enterprise Value and Strengthens Position in Highly Attractive U.S. Beer Market
  6. ^ "S&P 500®".

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