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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 (see separate profile). The group now focuses on
those two markets of North America and the UK, although it also exports to other territories. It established a presence in Eastern Europe in 2012 with the purchase of StarBev. However, it still has a comparatively limited geographic footprint, making it a likely takeover target for another larger
group in
the medium or long term. See also:
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