History of Miller Ownership
In 2002, SAB acquired Miller Brewing Company and became SABMiller. Miller was previously owned by Philip Morris. AB InBev acquired SABMiller in 2016. Molson Coors regained rights to Miller brands in Canada.
Key Acquisitions and Ownership Changes
In 2008, InBev acquired Anheuser-Busch for $52 billion, forming the world’s largest brewer. Miller is now owned by Molson Coors, which formed from a 2005 merger of Miller and Coors.
SABMiller Background and Ownership
SABMiller was purchased from Altria Group in 2002 by SAB. AB InBev owns a bottling company contracted with Pepsi.
Ownership and Acquisition Summary
In 2016, AB InBev acquired SABMiller. Corona and Budweiser are both owned by AB InBev. SABMiller shareholders approved the acquisition valued at $104 billion.
SAB Brands and Ownership
SAB initially acquired Miller in 2002. Miller was owned by Philip Morris. SABMiller focused on energy efficiency and owned soft drink bottling operations.
SAB’s Dominance in South Africa
SAB is South Africa’s leading brewer, fully incorporated in 1970. It dominated the South African market with 49 of every 50 beers consumed brewed by SAB.