IUF logo.

Beerworkers Archive


Post date: 10/08/2012 - 14:58

Molson Coors merges UK & Ireland with Central Europe

Molson Coors has announced a raft of executive appointments as it absorbs its recently-purchased StarBev division in central Europe with its UK & Ireland operations.

The North American brewer, which completed the acquisition of Staropramen producer StarBev in June, said earlier today (1 October) that it will create a “new business segment”. Molson Coors Europe will see Molson Coors Central Europe, the name given to the former StarBev operations, merge with Molson Coors UK & Ireland, which will keep its offices in Burton-on-Trent.

Molson Coors has announced a raft of executive appointments as it absorbs its recently-purchased StarBev division in central Europe with its UK & Ireland operations.

The North American brewer, which completed the acquisition of Staropramen producer StarBev in June, said earlier today (1 October) that it will create a “new business segment”. Molson Coors Europe will see Molson Coors Central Europe, the name given to the former StarBev operations, merge with Molson Coors UK & Ireland, which will keep its offices in Burton-on-Trent.

The move, set to take effect from 1 January, will see Prague become the headquarters for the combined entity. When contacted by just-drinks, a spokesperson for Molson Coors in the US declined to comment on the possibility of job losses as a result. “It's too early to say,” the spokesperson said, but added that an MD for the UK & Ireland will be announced “later this week”.

Subsequently, Mark Hunter, the CEO of Molson Coors Central Europe and former head of the UK & Ireland unit, will become CEO of the new business. The current head of the UK & Ireland division, Stewart Glendinning, will become CEO of Molson Coors Canada, once Dave Perkins retires at the end of January.

Molson Coors Europe will comprise around 23.6m hectolitres of volume and US$2.3bn of net sales revenue, the firm said.

Separately, Molson Coors said today that Celso White, the chief supply chain officer for the international business, has been promoted to global chief supply chain officer, when Greg Wade retires from the position at the end of 2012.

Resource: http://www.just-drinks.com/news/molson-coors-merges-uk-ireland-with-cent...