Megabrew, , drew big headlines in the beer world, but make no mistake: It was a mega year for Molson Coors Brewing Co., too.
In 2016, the Denver-based company officially became the .
Molson Coors in October, doubling the company’s size. Molson Coors also gained the rights to distribute Miller brands globally as part of the $12 billion deal, an offshoot of the AB InBev-SABMiller merger.
“I have never seen Pete Coors with such a big smile on his face,” CEO Mark Hunter said at the time.
The deal truly marks a new era for the brewer, which got its start in 1873 when German immigrants Adolph Coors and Jacob Schueler opened the Golden Brewery along Clear Creek. Coors Brewing merged with Canadian brewer Molson in 2005.
How Molson Coors uses its new heft amid remains to be seen. More than 75 percent of the combined company’s sales will come from North America, according to analysts.
One change beer drinkers could notice in 2017 — more and vice versa.
Read the rest of the top business stories of 2016
