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Tilray Brands, Inc. to acquire four craft beer breweries from Molson Coors Beverage Company

PUBLIC · TLRYAug 13, 2024

Acquiring Company

Tilray Brands

Acquired Company

Molson Coors Beverage Company

New YorkChicagoOtherInformation TechnologyBiotechnologyAgriculture and FarmingSoftwareHealth CareEducationMedicalAnalyticsCannabisManufacturingFood and BeverageFood And BeverageFood Processing

Description

Tilray Brands, Inc. has entered into a definitive agreement to acquire four craft breweries from Molson Coors Beverage Company. This strategic acquisition will strengthen Tilray's craft beer leadership in the U.S., solidify its position as the #1 craft brewer in the Pacific Northwest and Georgia, and expand its market presence in key states like Texas and Michigan. It is expected to position Tilray for continued growth and expansion in the beverage industry.

Quick answer

Tilray Brands is acquiring Molson Coors Beverage Company, announced August 13, 2024. Tilray Brands is based in New York, New York, United States.

How much did Tilray Brands pay for Molson Coors Beverage Company?
The deal value was not disclosed.
What does Tilray Brands do?
Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment.
Where are Tilray Brands and Molson Coors Beverage Company based?
Tilray Brands is based in New York, New York, United States. Molson Coors Beverage Company is based in Chicago, Illinois, United States.
Who are the decision-makers at Tilray Brands?
Fundz holds 3 contacts at Tilray Brands. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Tilray Brands

Location

New York, New York, United States

About

Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment. The company aims to elevate lives through moments of connection, offering a house of brands and innovative products. Tilray operates in Canada, the United States, Europe, Australia, and Latin America, supporting over 40 brands across more than 20 countries.

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Frequently asked

Who acquired Molson Coors Beverage Company?

Molson Coors Beverage Company was acquired by Tilray Brands, based in New York. The deal was reported on August 13, 2024. Tilray Brands, Inc. is a leading global lifestyle and consumer packaged goods company with a focus on cannabis, beverage, wellness, and entertainment. Tilray Brands is publicly traded (TLRY) and operates in Other.

When did Tilray Brands acquire Molson Coors Beverage Company?

Tilray Brands's acquisition of Molson Coors Beverage Company was reported on August 13, 2024. Tilray Brands, Inc. has entered into a definitive agreement to acquire four craft breweries from Molson Coors Beverage Company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Molson Coors Beverage Company do?

For more than two centuries, Molson Coors has brewed beverages that unite people for all life's moments. It is publicly traded (TAP), operating in Manufacturing, and is based in Chicago.

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