Billion-Dollar Marijuana Giant Buys Another Brewery From Molson Coors, Expands Great Lakes Footprint
Tilray Brands, Inc. (NASDAQ:TLRY) confirmed Thursday it has completed the previously announced acquisition of Atwater Brewery, from Molson Coors Beverage Company (NYSE:TAP).
“Atwater Brewery is a renowned craft brewery with a rich history and a loyal following in Michigan,” said Irwin D. Simon, chairman and chief executive officer of Tilray Brands. “This acquisition expands our reach in the Great Lakes region and further strengthens our position in the craft beer industry. We are excited to welcome Atwater Brewery to Tilray Brands and are committed to leveraging our expertise and resources to drive growth, expand distribution, and provide beer lovers with access to Atwater’s exceptional brews.”
TD Securities acted as financial advisor, and DLA Piper LLP (US) acted as external legal counsel to Tilray Brands.
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