Pete Coors on Terrapin investment: “we are a minority interest, which isn’t working out the best”
“We have a whole portfolio. Anheuser-Busch has a huge portfolio. They have acquired Goose Island and others. We bought a craft brewery in Georgia, Terrapin. We are a minority interest, which isn’t working out the best. So we are learning about that. And we have a growing cider brand.”
Coors seems to be conflating “buying” with taking a significant investment in. Part of a broader interview with the MillerCoors Chairman.
More >> The Denver Post.
Breweries: MillerCoors, Terrapin Beer Co.
