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The Coors Brewing Company is an American brewery and beer company based in Golden, Colorado, that was founded in 1873. In 2005, Adolph Coors Company , the holding company that owned Coors Brewing, merged with Molson , Inc. to become Molson Coors . [ 1 ]
Coors became the official beer sponsor of NASCAR in 2008, following the departure of Anheuser-Busch.That company returned as an official partner in 2018. Coors was also a partner of the NFL until Bud Light replaced it in 2011. [4] In addition to its official NASCAR sponsorship, Coors Light has regularly sponsored
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]
Tenth and Blake Beer Company, the craft brewery division of Molson Coors, acquired Atwater Brewery in 2020. [7] [8] [9] At its peak, Atwater Brewery distributed products in over twenty states. By the time of its acquisition by Molson Coors, the brewery had scaled back distribution to focus on the Midwest market. [10]
Keystone beer is a product of the Molson Coors Beverage Company in Golden, Colorado. It was first introduced in Chico, California in September 1989. Keystone Ice can be found in canned, kegged, and occasionally, bottled form, with 5.9% ABV. Keystone Light has a 4.13% ABV; [1] roughly equal to other macro "light" brews.
The company has the capacity to turn the barley into malt, and brew, bottle, can, keg and cask beer. The Company currently the 5th largest brewer in the world with a 20% market share has recently bought out the majority share in Cobra , and is running contracts for Scottish & Newcastle and Magners Cider .