Tilray Brands To Acquire Four Craft Beer Breweries From Molson Coors Beverage Company; Tilray's Beverage Division Projected To Grow New Beer Accounts By 30%; No Financial Terms Disclosed

Benzinga · Aug 14 02:16

Tilray's Strategic Acquisition Will Strengthen its Craft Beer Leadership in the U.S. and Solidify Tilray Beverages as the #1 Craft Brewer in the Pacific Northwest and #1 in Georgia; Anchors Tilray in Key Markets, Texas and Michigan

Tilray's Beverage Division Projected to Grow New Beer Accounts by 30%

NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray", "our", "we" or the "Company") (NASDAQ:TLRY, TSX:TLRY), a global lifestyle consumer packaged goods company elevating lives through moments of connection, today announced that the Company has entered into a definitive agreement to acquire four craft breweries from Molson Coors Beverage Company ("Molson Coors") (NYSE:TAP). The acquisition includes Hop Valley Brewing Company, Terrapin Beer Co., Revolver Brewing, and Atwater Brewery.

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Tilray Brands To Acquire Four Craft Beer Breweries From Molson Coors Beverage Company; Tilray's Beverage Division Projected To Grow New Beer Accounts By 30%; No Financial Terms Disclosed

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