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Denver-based Molson Coors now largest U.S. brewer

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Posted at 3:42 PM, Oct 12, 2016
and last updated 2016-10-12 17:42:41-04

DENVER - Denver-based Molson Coors Brewing Company has been crowned king after purchasing the remaining 58 percent of the MillerCoors joint venture it hadn't already owned.

The deal makes Molson Coors the largest brewery in the U.S. and the third largest in the world, after Belgium-based Anheuser-Busch InBev and Dutch brewer Heineken NV.

The $12 billion deal gives full control of all the brands in the MillerCoors portfolio for the U.S. market.

MillerCoors was a joint venture with beer maker SAB Miller PLC.

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