5 Most Successful Joint Ventures In America

MillerCoors

MillerCoors is next on the list of the five most successful joint ventures in America, being the second-largest brewer in the US, trailing only Anheuser Busch Inbev NV (ADR) (NYSE:BUD) with sales of $7.70 billion in 2015. The company was founded in 2008 as a joint venture between UK-based SABMiller and Molson Coors Brewing Co (NYSE:TAP), to be responsible for their US operations and market the products of both companies. In 2015, Anheuser Busch Inbev NV (ADR) (NYSE:BUD) acquired SABMiller, with the latter selling its stake in MillerCoors to Molson Coors Brewing Co (NYSE:TAP) for $12 billion. Following the deal, MillerCoors became the US business unit of Molson Coors.

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