Who owns coors beer

Coors launches Blue Moon. Molson and Coors combine in a merger of equals. Later that year, the combined company acquires Creemore Springs Brewery in Ontario. Molson Coors acquires Mt. Shivalik Brewery in India.

MillerCoors acquires Terrapin Beer Co. Skip to Frederick J. Skip to - Prohibition hits Colorado in and then the nation in Gettleman Brewing Co. MillerCoors acquires Crispin Cider Company. Contact Us. One questionable spot in growth for the brewing behemoth may be China, where the economic slowdown threatens beer sales.

SABMiller co-owns Snow, of which That's 21 percent of the nation's beer consumption by volume and makes Snow the world's largest-selling beer. But intense competition there makes turning a profit tricky. While around 20 percent of SABMiller's sales by volume come from China, only 2 percent of its operating profit do.

The big beer brands have been in trouble for years. Consumers have increasingly chosen higher-end craft beers instead of the typical cans of Bud Light and Miller.

Global consumption of wine and liquor also has increased and further displaced beer's dominance. Budweiser's market share in was down nearly 8 percent from , according to figures from Beer Marketer's Insights.

Read More Pacific Rim trade gap continues to grow. Indeed, Coors reopened for business at a. With the playing field essentially cleared, business for Coors quickly ramped up to the point where the brewery was selling every ounce of beer it could brew. At that point Coors beer was sold mainly in the western United States and so the company began a plan to increase distribution throughout the United States, a goal that was accomplished by , with Indiana being the last state to approve sales of Coors beer.

By most of the nonbrewing enterprises were sold off or merged with other companies, except for Coors Ceramics, which became the sole holding of CoorsTek after ACX Technologies was dissolved. In addition to the Golden Brewery, a second location was added in when a brewery in Memphis was purchased from the Stroh Brewing Company.

The Coors Memphis Brewery operated for 13 years before closing in In a beer-packaging facility was built in Elkton, Virginia, in the Shenandoah Valley.

This site was converted to a brewery in Headquarters for MillerCoors are located in Chicago, Illinois. See inbev and sabmiller.