Fever-Tree Launches Share Buyback After Deal With U.S. Molson Coors
Fever-Tree Drinks said it reached a long-term partnership with Molson Coors to boost growth in the U.S. and that it would launch a share buyback. The London-listed mixer-maker on Thursday said Molson Coors would acquire an 8.
Molson Coors buys minority stake in Fever-Tree mixers
The Coors Light manufacturer’s 8.5% stake in the nonalcoholic carbonated mixer, worth $89 million, further builds on its long-term strategy of increasing its exposure beyond beer.
Molson Coors announces partnership with Fever-Tree in US
Molson Coors Beverage Company has announced a strategic partnership with Fever-Tree in the US, aiming to fuel its premiumisation and ‘Beyond Beer’ strategies. Through the deal, Molson Coors will assume exclusive commercialisation rights to Fever-Tree’s range of tonics, ginger beers, cocktail mixers and more in the US, starting from 1 February 2025.
Molson Coors Takes 8.5% Ownership Stake In Fever-Tree To Stir Up US Mixer Game: Details
Molson Coors Beverage has partnered with Fever-Tree Drinks plc to expand its U.S. non-alcoholic drink portfolio. Starting February 1, 2025, Molson Coors will handle the marketing and distribution of Fever-Tree's premium mixers.
Molson Coors to acquire stake in Fevertree
As part of the agreement, the beer giant will manage the sales, distribution and production of Fevertree’s products in the US.
Molson Coors buys 8.5% stake in UK's Fevertree Drinks
Molson Coors Beverage ( NYSE: TAP) has agreed to acquire an 8.5% stake in Fevertree Drinks, becoming its largest shareholder, as the Coors Light beer maker looks to expand its U.S. non-alc portfolio through a new strategic partnership, it said on Thursday.
Fevertree shares soar after Molson Coors takes stake
Shares of Fevertree Drinks surged almost 24% yesterday after Molson Coors took an 8.5% stake in a $88m deal that gives the beer giant exclusive rights to market the UK company's cocktail mixers and tonic water in the US.
Molson Coors secures exclusive US rights to Fever Tree in £71m deal
Molson Coors has acquired an 8.5% stake in British drinks company Fever Tree in a £71m deal that enables the mixer brand to “unlock growth” across the US.
Fevertree shares soar as Molson Coors takes stake, gains US distribution rights
By Shashwat Awasthi (Reuters) -Shares of Fevertree Drinks surged almost 24% after Molson Coors' took an 8.5% stake in the firm, in a deal giving the beer giant exclusive rights to market the British company's cocktail mixers and tonic water in the United States.
Molson Coors to acquire 8.5% stake in Fevertree, gets commercialization rights
Molson Coors (TAP) is expanding its U.S. non-alcoholic portfolio through a new strategic partnership with Fevertree Drinks. Starting February
Beer Giant Molson Coors Buys Stake in Mixer-Maker Fever-Tree
The London-listed mixer-maker said Molson Coors would acquire an 8.5% shareholding in Fevertree.
Molson Coors (NYSE:TAP) Taps Fever-Tree for Sweeter U.S. Drinks Business
Miller Lite brewer Molson Coors (TAP) says it will expand its U.S. soft drinks business through a strategic partnership with ...
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Molson Coors Beverage Company Announces Strategic Partnership With Fever-Tree in U.S.
The deal gives Molson Coors exclusive commercialization rights to Fever-Tree’s U.S. portfolio, alongside an equity investment by Molson Coors into Fevertree Drinks plc Partnership designed to fuel ...