On the Record · Molson Coors Beverage

Molson Coors Beverage acquisitions, on the record

The businesses Molson Coors Beverage bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Blue Run Spirits, Inc ("Blue Run") Word for word“On August 7, 2023, we acquired a 75 % equity interest in Blue Run, a U.S. based high end whiskey business, for a purchase price of $ 77 million, which included cash paid of $ 64 million.” 10-K for 2023	agreed acquisition	August 7, 2023	$ 77 million, which included cash paid of $ 64 million
Truss LP ("Truss") Word for word“On August 3, 2023, we sold our 57.5 % controlling interest in Truss LP ("Truss") to Tilray Brands for an immaterial amount and recognized a loss of $ 11.1 million within other operating income (expense), net in our consolidated statement of operations upon deconsolidation of the business.” 10-K for 2023	divestiture	On August 3, 2023	an immaterial amount
ZOA Word for word“On October 31, 2024, we further increased our investment in ZOA for cash consideration of $ 53 million, bringing our ownership interest to 51 % subsequent to the closing of the transaction.” 10-K for 2024	acquisition	On October 31, 2024	cash consideration of $ 53 million
Cobra Beer Partnership, Ltd. (remaining 49.9% interest) Word for word“In March 2024, our CBPL partner exercised a put option under our partnership agreement in which we acquired the remaining 49.9 % ownership interest resulting in a cash payment of $ 89 million on October 21, 2024, which was recorded as a cash outflow from financing activities.” 10-K for 2024	acquisition	October 21, 2024	$ 89 million
Blue Run Spirits, Inc Word for word“On August 7, 2023, we acquired a 75 % equity interest in Blue Run, a U.S. based high end whiskey business, for a purchase price of $ 77 million, which included cash paid of $ 64 million.” 10-K for 2024	acquisition	On August 7, 2023	$ 77 million
U.S. craft businesses Word for word“During the third quarter of 2024, we decided to wind down or sell certain of our U.S. craft businesses and related facilities and recorded employee-related and asset abandonment charges, including accelerated depreciation in excess of normal depreciation of $93.6 million.” 10-K for 2024	divestiture	During the third quarter of 2024	—
Fever-Tree USA, Inc. Word for word“Effective February 1, 2025, we obtained exclusive rights via a license agreement to produce, market and sell Fever-Tree products in the U.S. In connection with this agreement, we acquired the shares of the Fever-Tree USA, Inc. entity, with the immaterial acquisition to be accounted for as a business combination and consideration to be allocated primarily to working capital balances.” 10-K for 2024	agreed acquisition	Effective February 1, 2025	—
Truss (controlling interest sold to Tilray Brands) Word for word“During the third quarter of 2023, we sold our 57.5 % controlling interest in Truss to Tilray Brands for an immaterial amount and recognized a loss of $ 11 million within other operating income (expense), net in our consolidated statement of operations upon deconsolidation of the business.” 10-K for 2024	divestiture	During the third quarter of 2023	immaterial amount
Fevertree USA, Inc. Word for word“During the first quarter of 2025, we obtained exclusive rights via a license agreement to import, produce, market, advertise, promote, sell and distribute Fever-Tree products in the U.S.” 10-K for 2025	acquisition	first quarter of 2025	—
ZOA Energy LLC Word for word“On October 31, 2024, we increased our investment in ZOA for cash consideration of $ 53 million, bringing our ownership interest to 51 % subsequent to the closing of the transaction.” 10-K for 2025	acquisition	October 31, 2024	$ 53 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$11.96 billion	$6.42 billion
2017-12-31	$0	$13.8 million
2018-12-31	$0	$10.3 million
2021-12-31	$0	—
2022-12-31	$0	—
2023-12-31	$63.7 million	$29.2 million
2024-12-31	$8.6 million	$275.5 million
2025-12-31	$22.3 million	—

Deal filings since 2016

2026-05-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-06-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-06-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-05-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-10-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-05-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-01-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-07-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-01-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-07-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-11 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-10-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Molson Coors Beverage’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.