Blog: Chris MercerMolson Coors makes Sharp investment

Chris Mercer | 3 February 2011

Molson Coors' GBP20m buyout of Sharp's brewery is a vote of confidence for cask ale.

Molson Coors announced yesterday (2 February) that it has swooped on Cornwall-based Sharp's, which makes the award-winning Doom Bar ale - now widely available across much of the UK.

The move is significant because most of the UK's major brewers have been seeking to develop their super-duper-with-bells-on premium lager portfolios over the last couple of years - not to mention the odd foray into cider.

Molson is really only extending a strategy that its joint venture with SABMiller, MillerCoors, has started in the US. Namely, to capitalise on growing demand for relatively small-volume 'craft' beers.

With Doom Bar onboard, Molson could make significant inroads into the UK cask ale category. This could be a concern to middleweight brewers like Greene King, Marston's and Fuller's, as blogger Pete Brown points out in his succinct analysis of the deal.


BLOG

To the morgue for Thai drink drivers

Would the thought of working in a morgue stop you from drink driving? ...

BLOG

Heineken plays 'hard' ball in US cider

You would be forgiven for thinking that the US cider boom is over. Sales growth of as much as 90% in the past few years has shrunk to double figures. ...

BLOG

PepsiCo's Johnston's new Twitter role is hard to Tweet

The drinks industry could do more to benefit from new technology. ...

BLOG

Lessons from the past in PepsiCo heir-apparent talk

The soft drinks world is abuzz today over what an executive shake-up at PepsiCo might mean to on-going speculation over CEO Indra Nooyi's successor....

just-drinks homepage



Forgot your password?