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Molson Coors was formed in 2005 from the merger of
Canadian brewer Molson and the US company Adolph Coors. Until comparatively recently, the latter was merely America's #3
brewer, with virtually no profile outside its domestic market. But in 2001 the company was catapulted into the international
big league following its surprise acquisition of the UK's Carling and other beer brands hived out of the former Bass
portfolio. Having become the UK's #2 brewer almost overnight, the group went on to negotiate a merger with Molson
which bolted on a leading position in Canada. Another significant development came in 2007 with Molson Coors' agreement to
combine its US operations with those of rival SABMiller to create MillerCoors,
a stronger competitor to local giant Anheuser-Busch. The group now focuses on
those two markets of North America and the UK, although it also exports to other territories. As a result of its
comparatively limited range it is seen as a potential takeover target for another larger group, almost certainly SABMiller,
in the medium or long term.
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Competitors: see Wine Beer & Spirits Sector index for other companies
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