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American beer brewery From Wikipedia, the free encyclopedia
The Miller Brewing Company is an American brewery and beer company in Milwaukee, Wisconsin. It was founded in 1855 by Frederick Miller. Molson Coors acquired the full global brand portfolio of Miller Brewing Company in 2016,[1][2] and operates the Miller Brewery at the site of the original Miller Brewing Company complex.
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Company type | Subsidiary |
---|---|
Industry | Beverages |
Founded | 1855 |
Founder | Frederick Miller |
Headquarters | 3939 West Highland Blvd Milwaukee, Wisconsin, U.S. |
Products | Beer |
Owner | Molson Coors |
Website | www |
Miller Brewing Company was founded in Milwaukee in 1855 by Frederick Miller after his emigration from Hohenzollern, Germany, in 1854 with a unique brewer's yeast. Initially, he purchased the small Plank Road Brewery for $2,300 ($66,736 in 2018).[3] The brewery's location in what is now the Miller Valley provided easy access to raw materials produced on nearby farms. In 1855, Miller changed its name to Miller Brewing Company, Inc.[4] The enterprise remained in the family until 1966.
The company was one of six breweries affected by the 1953 Milwaukee brewery strike. In 1961, Miller purchased the smallest of the “Big Five” Milwaukee brewers, A. Gettelman Brewing Company.[5]
In 1966, the conglomerate W. R. Grace and Company bought Miller from Lorraine John Mulberger (Frederick Miller's granddaughter, who objected to alcohol) and her family. In 1969, Philip Morris (now Altria) bought Miller from W. R. Grace for $130 million, outbidding PepsiCo.
In 1999, Miller acquired the Hamm's brand from Pabst.
In 2002, South African Breweries bought Miller from Philip Morris for $3.6 billion worth of stock and $2 billion in debt to form SABMiller, with Philip Morris retaining a 36% ownership share and 24.99% voting rights.
In 2006, SABMiller purchased the Sparks and Steel Reserve brands from McKenzie River Corporation for $215 million.[6] Miller had been producing both brands prior to the purchase.[7]
On July 1, 2008, SABMiller formed MillerCoors, a joint venture with rival Molson Coors, to consolidate the production and distribution of its products in the United States, with each parent company's corporate operations and international operations to remain separate and independent of the joint venture. SABMiller owned 58% of the unit, which operated in the United States but not in Canada, where Molson Coors is strongest, but the companies had equal voting power.[8][9]
In September 2015, Anheuser-Busch InBev announced it had reached a full agreement to acquire SABMiller for $107 billion.[10] As part of the agreement with the U.S. Justice Department, SABMiller divested itself of the Miller brands in the U.S. by selling its stake in MillerCoors to Molson Coors.[1][11] Consequently, on October 11, 2016, SABMiller in the U.S. sold its interests in MillerCoors to Molson Coors for around US $12 billion. Molson Coors gained full ownership of the Miller brand portfolio outside the US, and retained the rights within the U.S. (including Puerto Rico).[2][12]
Brands with the Miller name, or historically sold by Miller Brewing company, include:
Miller has been a large motorsport sponsor since the 1980s. In the CART World Series, the company has sponsored drivers such as Al Unser (1984), Danny Sullivan (1985–1989, 1991), Roberto Guerrero (1990), Bobby Rahal (1992–1998) and Kenny Bräck (2003). It also sponsored the Miller 200 race at Mid-Ohio.
In 1997, Miller Brewing Company, under its Miller Lite brand, sponsored a car in the Indy Racing League, specifically for the Indianapolis 500. The car was driven by Arie Luyendyk. This sponsorship was significant as Luyendyk won the 1997 Indianapolis 500.
In the NASCAR Cup Series, Miller has sponsored Bobby Allison from 1983 to 1988, Dick Trickle in 1989, Rusty Wallace from 1990 to 2005, Kurt Busch from 2006 to 2010, and Brad Keselowski from 2011 to 2020. Allison won the 1983 NASCAR Winston Cup Series, and Keselowski won the 2012 NASCAR Sprint Cup Series. The company has sponsored the Miller High Life 500, Miller 500, Miller High Life 400, Miller 400, Miller 300, Miller 200, and Miller 150 races.
In the NHRA, Miller sponsored Larry Dixon for 11 years until 2007.[25]
From its opening in 2001 until the end of 2020, Miller owned the naming rights to Miller Park, home of the Milwaukee Brewers when the naming rights were bought by American Family Insurance in 2019.[26]
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