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inbrew holdings: Molson Coors sells India business to Inbrew Holdings


Synopsis
US brewer Molson Coors has agreed to sell its Indian unit to Singapore-headquartered Inbrew Holdings. While the companies did not disclose the deal size, industry insiders estimated it at about ₹1,000 crore.
Agencies
The acquisition will include three manufacturing facilities with total installed capacity of 16 million unit cases.
US brewer Molson Coors has agreed to sell its Indian unit to Singapore-headquartered Inbrew Holdings. While the companies did not disclose the deal size, industry insiders estimated it at about ₹1,000 crore.
As part of the deal, Inbrew will acquire Molson Coors’ Indian beer brand Thunderbolt along with selling and distribution rights of its global brands such as Miller, Blue Moon, Carling and Cobra in India. ....

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Ravi Deol's Inbrew acquires Molson Coors' India biz


Inbrew buys Molson Coors’ beer biz in India
Molson Coors India Pvt Ltd is a subsidiary of Coors Brewing USA with popular beer brands in India
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Singapore-headquartered Inbrew Holdings Pte. Ltd, which is owned by UK-based entrepreneur Ravi Deol, has acquired Molson Coors Brewing Co.’s beer business in India, as the American firm is in the process of exiting non-core geographies.
The deal value was not disclosed. Molson Coors India Pvt. Ltd (MCIPL) is a subsidiary of Coors Brewing USA with popular beer brands in India.
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