History
The company's binational nature has caused several sources in both the U.S. and Canada to claim the company is now controlled by interests in the other country. In fact, while the company is incorporated in the United States, the company is traded on stock exchanges in both countries, and control is equally shared between the Molson and Coors families. The company is headquartered in Denver, Colorado and Montreal, Quebec.
On October 9, 2007, SABMiller and Molson Coors Brewing Company announced a joint venture to be known as MillerCoors for their U.S. operations that will market all of their products.
On February 2, 2011 the company purchased Sharp's Brewery of Cornwall in the United Kingdom for around £20 million.
On May 26, 2011 seventh-generation family member Andrew Molson succeeded Pete Coors as acting Chairman of the company.
In Spring 2012, the company successfully expanded into the Central and Eastern Europe markets by acquiring the region's market-leading brewery Starbev from CVC Capital Partners.
Read more about this topic: Molson Coors
Famous quotes containing the word history:
“In nature, all is useful, all is beautiful. It is therefore beautiful, because it is alive, moving, reproductive; it is therefore useful, because it is symmetrical and fair. Beauty will not come at the call of a legislature, nor will it repeat in England or America its history in Greece. It will come, as always, unannounced, and spring up between the feet of brave and earnest men.”
—Ralph Waldo Emerson (1803–1882)
“Whenever we read the obscene stories, the voluptuous debaucheries, the cruel and torturous executions, the unrelenting vindictiveness, with which more than half the Bible is filled, it would be more consistent that we called it the word of a demon than the Word of God. It is a history of wickedness that has served to corrupt and brutalize mankind.”
—Thomas Paine (1737–1809)
“As History stands, it is a sort of Chinese Play, without end and without lesson.”
—Henry Brooks Adams (1838–1918)