Molson Coors will pay £71m ($88m) for an 8.5% stake in Fever-Tree Drinks Plc: a deal which sent Fever-Tree shares soaring ...
The London-listed mixer-maker said Molson Coors would acquire an 8.5% shareholding in Fevertree.
Fever-Tree is already the largest tonic and ginger beer brand in the US by value: but the brand believes there’s still huge ...
Miller Lite brewer Molson Coors (TAP) says it will expand its U.S. soft drinks business through a strategic partnership with UK-based ...
Since launching, Fevertree has used a combination of natural ingredients and savvy marketing to convince consumers to spend more on tonic water and soda. However, after a strong share price ...
However, Fever-Tree continued to maintain its leadership position, increasing market share in the UK by +0.7% and performing well in products outside tonic water (such as ginger-beer). Indeed ...
Fever-Tree, founded in 2004 in the U.K., has emerged as one of the best-selling mixer brands in the U.S., with products such as Elderflower Tonic Water, Ginger Beer and Sparkling Pink Grapefruit.
Its first product was Premium Tonic Water, still Fever-Tree's flagship. It blazed the trail that led to the company becoming the world's leading supplier of premium mixers for alcoholic spirits.
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 ...
As part of this expansion, Molson Coors will acquire an 8.5% stake in Fever-Tree, a leading U.K.-based tonic and mixer manufacturer, for £71 million ($88.3 million) in cash. This investment is a ...