MONTREAL--(BUSINESS WIRE)--Molson is proud to be the official beer sponsor in Canada of the 4 Nations Face-Off, an international tournament staged by the National Hockey League (NHL) and National Hockey League Players' Association (NHLPA). The tournament will feature NHL players representing Canada, Finland, Sweden and the United States, facing off in a total of seven games played from February...
Fevertree's recent strategic partnership with Molson Coors is set to accelerate its growth in the U.S., leveraging Molson Coors' production, distribution, and marketing capabilities. Despite modest revenue growth in recent years, the Company has improved margins and maintained market leadership, particularly excelling in non-tonic mixers and expanding globally. The partnership includes Molson C...
Fevertree Drinks PLC has issued £71 million worth of shares to Molson Coors after the duo penned an agreement for its carbonated mixer brand in the US. Some 10,856,628 ordinary shares were issued at a price of 654.2p each, Fevertree said Wednesday, equating to 8.5% of the company.
Fevertree Drinks PLC skyrocketed over 15% on Thursday after unveiling a long-term partnership with Molson Coors in the US. Molson Coors would buy an 8.5% stake in Fevertree for £71 million and take on exclusive sales, distribution and production of the carbonated mixer brand in the US.
Coors Light beer maker Molson Coors will take a 8.5% stake in UK's Fevertree Drinks for 71 million pounds ($88.3 million) to expand its portfolio of non-alcoholic beverage offerings in the U.S., the companies said on Thursday.
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