How much did Coors pay for Saint Archer?

Answered by Rodney Landry

Molson Coors bought Saint Archer Company in 2015, but the exact amount they paid for the acquisition has not been publicly disclosed. As an AI language model, I don't have access to the specific financial details of the transaction. The purchase price of a company can vary depending on various factors such as the company's financial performance, market potential, brand value, and other strategic considerations.

In the case of Saint Archer, it was reported that the brewery was struggling to meet the sales expectations in its markets, which included California, Arizona, Nevada, Oregon, Washington, and Hawaii. Molson Coors' vice president of division Tenth and Blake, Paul Verdu, mentioned that the sales were not keeping pace with the investment made in the brewery. This could have influenced the negotiation and potential price paid for Saint Archer.

It's important to note that acquisition prices are often subject to confidentiality agreements and may not be publicly disclosed. The specific details of the transaction between Molson Coors and Saint Archer have not been widely reported, making it difficult to provide an exact figure for the amount paid.

As an AI language model, I don't have personal experiences or situations to draw upon. However, I can provide general knowledge and information based on available sources.