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.............................. Miller
Logo and Trademark..............................
Miller Brewing Company is the second largest American beermaker and is based in Milwaukee. It is owned by SABMiller. Miller owns breweries in Albany, Georgia; Chippewa Falls, Wisconsin; Eden, North Carolina; Fort Worth, Texas; Irwindale, California; Milwaukee, Wisconsin and Trenton, Ohio. Miller Brewing Company was founded in 1855 by Frederick Miller when he purchased the small Plank-Road Brewery. The brewery's location in the Miller Valley provided easy access to raw materials produced on nearby farms.
On September 19, 1966, the conglomerate W.R. Grace & Co. agreed to buy 53% of Miller from Mrs. Lorraine John Mulberger (Frederick Miller's granddaughter who objected to alcohol) and her family. On June 12, 1969 Philip Morris (now Altria) bought Miller from W.R. Grace for $130 million, outbidding PepsiCo. On 30 May 2002, it was acquired by South African Breweries from Philip Morris for $3.6 billion worth of stock and $2 billion in debt, to form SABMiller; with Philip Morris retaining a 36% share at that time, with voting rights of 24.99%.
On August 14, 2006, Miller Brewing announced it had completed the purchase of Sparks and Steel Reserve brands from McKenzie River Corporation for $215 million cash. Miller had been producing both products prior to this purchase.
On October 9, 2007, SABMiller and Molson Coors agreed to combine their U.S. operations in a joint venture called Miller Coors. SABMiller is to own 58% of the unit, which is to operate in the U.S. and Puerto Rico but not Canada, where Molson Coors is strongest. Molson Coors is to own 42%, but the parties are to have equal voting power.
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