White Claw owner buys celebrity-backed Finnish Long Drink [Yahoo! Finance]
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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Source: Yahoo! Finance
White Claw owner Mark Anthony Group has reached a deal to acquire ready-to-drink brand The Finnish Long Drink for an undisclosed amount, the company said Monday. The addition of Long Drink comes as Mark Anthony Group aims to double its global presence in the ready-to-drink segment. Mark Anthony Group, which is Long Drink's distributor in Canada, plans to further scale the brand's reach across North America. Long Drink launched in 2018 to bring Finland's national drink, which is traditionally made with citrus soda and gin , to the U.S. The brand counts actor Miles Teller, golf pro Rickie Fowler and DJ and producer Kygo as co-founders. Dive Insight: The acquisition marks the first deal since Phil Rosse took over as CEO of Mark Anthony Group in January, becoming the first new leader at the company since its founding more than 50 years ago. At the time of his hire, Rosse was tasked with helping the company reach its goal of doubling its 1% penetration in the global alcohol market
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News
- Molson Coors Beverage (TAP) was upgraded by Zacks Research from "strong sell" to "hold".MarketBeat
- Molson Coors Beverage (TAP) had its "underweight" rating reaffirmed by Barclays PLC.MarketBeat
- White Claw Owner Mark Anthony Group Acquires The Finnish Long Drink In Spirits RTD Push [Yahoo! Finance]Yahoo! Finance
- Molson Coors Beverage (TAP) had its price target lowered by Wells Fargo & Company from $52.00 to $45.00. They now have an "equal weight" rating on the stock.MarketBeat
- Molson Coors Beverage (TAP) had its price target lowered by UBS Group AG from $50.00 to $45.00. They now have a "neutral" rating on the stock.MarketBeat
TAP
Earnings
- 2/18/26 - Beat
TAP
Sec Filings
- 4/15/26 - Form DEFA14A
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- TAP's page on the SEC website