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Molson Coors Acquires Mount Shivalik Breweries in India

Molson Coors Acquires Mount Shivalik Breweries in India

Molson Coors Brewing Company has announced that its  subsidiary, Molson Coors International (MCI), has acquired Mount Shivalik Breweries Ltd. (MSBL) located in India.

As part of the deal, MCI acquired MSBL’s entire brand portfolio, including its leading “strong beer” brand, Thunderbolt, and assumes direct control over brewing operations in the northern states of Haryana and Punjab, as well as distribution for Thunderbolt in the eastern state of Bihar. The name Mount Shivalik Breweries will continue for some time reports Consumer Goods Technology.

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Kandy Anand, president and CEO of MCI said, “We are very excited about the increased momentum the addition of Thunderbolt will bring to Molson Coors brand portfolio as we build our business in India, the world’s fastest growing beer market.” The company now has a strong share position through the strength of its multi-brand portfolio led by Iceberg 9000, King Cobra, Royal Brew and now ThunderBolt.

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