Coors Light Launches in Sweden
December 08 2008 - 8:02AM
PR Newswire (US)
Molson Coors Brewing Company Partners with Sweden's Leading Brewer,
Spendrups, to Introduce Coors Light to Swedish Market DENVER and
MONTREAL, Dec. 8 /PRNewswire-FirstCall/ -- Molson Coors Brewing
Company (NYSE: TAP; TSX) and Spendrups Brewery have partnered to
introduce Coors Light to beer drinkers in Sweden. As Molson Coors
focuses on international growth, Coors Light, the world's most
refreshing beer, is now available to a selection of sports bars and
casual dining restaurants throughout Sweden. In addition, Coors
Light is distributed through the Systembolaget network of state-run
liquor stores throughout Sweden. The stores carry the Cold
Activated Bottles which feature mountains on the label with
thermochromatic ink that turns blue when Coors Light has been
chilled to the perfect temperature for ice cold refreshment.
According to Coors Light research, consumers want to know when
their beer is cold enough to drink. To meet that need, Coors Light
introduced the Cold Activated Bottle in the U.S. in 2007, the
latest in a long line of innovations and packaging enhancements
that have been a hallmark of Coors beers. The introduction of Coors
Light to the Swedish market is part of a larger Molson Coors global
expansion strategy. The popularity of light, refreshing beer is
growing globally, and Coors Light is well positioned to meet the
demand. Coors Light travels well to new markets, with sales up over
35% in China and 50% in Taiwan. Additionally, sales of Coors Light
have doubled in Ireland over the past five years, and 1 out of
every 4 bottles sold in Dublin pubs is a Coors Light. "We are
excited to partner with a leader like Spendrups Brewery to bring
Coors Light to Sweden," said Dave McCarthy, vice president of
Europe for Molson Coors. "We intend to grow our business, and we
are confident that the right partnerships will help us achieve this
goal, along with our consumer-preferred brand portfolio and a
proven track record of building great brands." "The introduction of
Coors Light to Sweden is perfectly timed with the market's growing
interest and enthusiasm surrounding American beer," added Mats
Liedholm, Spendrups marketing director. "We are proud to partner
with Molson Coors and excited about the opportunity to bring the
world's most refreshing beer to Sweden." The premium market in
Sweden is growing rapidly with a particular focus on international
beers. Market trends indicate that Swedish consumers are choosing
quality products overall and are prepared to pay premium prices for
what they perceive as premium beer, like Coors Light. Coors Light
is available in more than 20 countries, including China, Vietnam
and Mexico. About Molson Coors Brewing Company: Molson Coors
Brewing Company is one of the world's largest brewers. It brews,
markets and sells a portfolio of leading premium quality brands
such as Coors Light, Molson Canadian, Molson Dry, Carling, Coors,
and Keystone Light in North America, Europe and Asia. It operates
in Canada through Molson Canada; in the US through the MillerCoors
joint venture; and in the U.K. and Ireland through Coors Brewers
Limited. For more information on Molson Coors Brewing Company,
visit the company's Web site, http://www.molsoncoors.com/. About
Spendrups Brewery: Spendrups Bryggeri AB was founded in 1897. We
are just as committed and passionate about beverages now as then.
Our brands include: Spendrups, Norrlands Guld, Mariestads, Heineken
and Loka. The Family owned company Spendrups is an independent
Swedish brewery that unites strong traditions with innovative
ideas. The company has a workforce of around 1,100 and an annual
turnover of SEK 2.7 billion. http://www.spendrups.se/ DATASOURCE:
Molson Coors Brewing Company CONTACT: Kabira Hatland of Molson
Coors Brewing Company, +1-720-317-4172, ; or Erik Jarnsjo, Beer
Marketing Manager, +46 701-82 79 22, or Caroline Ekman, Corporate
Communications Manager, +46 701-82 78 30, both of Spendrups Brewery
Web site: http://www.molsoncoors.com/ http://www.spendrups.se/
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