Molson Coors buys 8.5% stake in Fever-Tree for £71M, aiming to boost mixer sales in the U.S.

Molson Coors Beverage Company has acquired an 8.5% stake in Fever-Tree Drinks for £71 million, marking a strategic partnership focused on expanding Fever-Tree's premium mixers in the US market. Molson Coors will manage sales, distribution, and production of Fever-Tree products, aiming to boost their presence through increased marketing. Fever-Tree's shares surged by over 20% following the announcement.

2 months ago
25 Articles