Molson Coors
and
The Coca-Cola Company's
partnership is thriving. The companies launched
Topo Chico Hard Seltzer
and Simply Spiked in 2021.
Molson
and The Coke Company’s next move is Peace Hard Tea, inspired by Peace Tea.
Original Press Release:
ORLANDO
,
Sept. 13
--
Molson Coors Brewing
issued the following news release:
With two game-changing innovations and more on the way, the relationship between
Molson Coors Beverage Company
and
The Coca-Cola Company
is thriving.
That was the message representatives from both companies delivered yesterday at
Molson
Coors’ annual distributor convention in
Orlando
. The event comes as
Molson Coors
experiences an historic 2023, in July posting its best quarterly results since the formation of the
Molson Coors
joint venture in 2005.
And flavor, said Chief Commercial Officer
Michelle St. Jacques
, is the company’s top priority beyond the beer aisle.
“We are winning in flavor,” she said. “Molson Coors was the second-fastest major brewer in flavor, growing more share behind the strength of the Simply Spiked brand. In fact, Simply Spiked Peach was the No. 1 new product in Q2.”
St. Jacques
led a panel discussion about
Molson
Coors’ beyond beer momentum and ambitions, touting the groundwork it’s laid to find success in spirts, innovation, non-alcohol products and with partners, like
The Coca-Cola Company
.
“We’ve been really proud of the success we’ve had with Coca-Cola, launching
Topo Chico Hard Seltzer
and Simply Spiked,” said Chief Marketing Officer
Sofia Colucci
. “Our focus is to make sure we nurture these brands and continue to grow them.”
Molson
Coors’ relationship with
The Coca-Cola Company
kicked off in 2021 with the launch of
Topo Chico Hard Seltzer
, a collaboration that underscored
Molson
Coors’ commitment beyond beer. It also provided a path for
The Coca-Cola Company
to realize its ambitions outside of the non-alc category, said
Dan White
, the company’s chief of new revenue streams.
“It’s been a wonderful relationship,” he said. “We’re here to grow the business together.”
Over the next year,
Molson Coors
plans to build on the momentum of
Topo Chico Hard Seltzer
and the Simply Spiked Brand with refreshed packaging, new campaigns and new flavors across both brands.
Molson Coors
and The Coca-Cola Company’s next move is Peace Hard Tea, a fruit-forward hard tea beverage inspired by Peace Tea, which is known for its vibrant flavors and free-spirited branding. The brand is launching and incubating its lineup of flavors in the southeast, where hard teas are popular among legal-age drinkers.
A non-carbonated, 5% alcohol-by-volume beverage, Peace Hard Tea is sold in convenience and retail stores in 24-ounce single cans in three flavors: More
Peace More Lemon
(lemon-flavored tea), Freedom of Peach (peach-flavored tea), and Really Really Razzy (raspberry-flavored tea).
All the while, White said,
The Coca-Cola Company
plans to grow with
Molson Coors
and its distributor network.
“We’re committed to the industry structure as it is today,” he said. “We’ll do it responsibly with the authorized brands we have.”
Source:
Molson Coors Brewing
[Category: Soft Drinks, Beverage & Tobacco, Events]
