Molson Coors Brewing Company has completed its previously announced acquisition of StarBev for approximately €2.65bn.
Mark Hunter, the CEO of Molson Coors UK & Ireland business, will serve as CEO of the new business unit, which has been renamed Molson Coors Central Europe.
Molson Coors Central Europe employs approximately 4,100 people, operates nine breweries and sells its brands in the Czech Republic, Serbia, Croatia, Romania, Bulgaria, Hungary, Montenegro, Bosnia-Herzegovina and Slovakia.
The acquisition includes Staropramen, the business unit’s flagship brand with sales in more than 30 countries worldwide.
Mark Hunter, CEO of Molson Coors Central Europe, said, “I am delighted to take the helm of the Molson Coors Central Europe business, where I will be inheriting a strong operation with great brands and a high-performing team.
"We have a clear plan in place to build upon the strong profile of these great brands and capitalise on an attractive and growing beer market.”
Source: Molson Coors
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