Adolph Coors Company
The Golden, Colorado Adolph Coors Company was formerly a holding company controlled by the heirs of founder Adolph Coors. Its principal subsidiary is the Coors Brewing Company. The brewery was founded in 1873.
Holding company | |
Industry | Beverage |
Fate | Merger with Molson in 2005 |
Founded | 1873 |
Founder | Adolph Coors |
Headquarters |
In 2005, the company merged with Molson, Inc. to become the Molson Coors Brewing Company.
In 2007, the company created a joint venture with Miller Brewing Company, Inc. called MillerCoors. SABMiller had 58% stake in the company, and Molson Coors had a 42% stake. MillerCoors combined their operations within the United States with the headquarters in Chicago. In 2016, Molson Coors bought the remaining 58% share from SABMiller for $12bn following SABMiller's acquisition by Anheuser-Busch InBev.
Business name
- Schueler & Coors, Golden Brewery (1873-1880)
- Adolph Coors, Golden Brewery (1880-1913)
- Adolph Coors Co., Golden Brewery (1909-1913)
- Adolph Coors Brewing and Malting Company, Golden Brewery (1913-1915)
- Adolph Coors Company (1933-1989)
- Coors Brewing Company (1989-2004)
- Molson Coors Brewing Company (2004- )
CEO
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