CHICAGO — Molson Coors has made another deal to distribute a non-alcoholic product, and this one's with a Philadelphia coffee roaster.
The beverage giant (NYSE: TAP) said it's made a deal to distribute La Colombe Coffee Roasters ready-to-drink (RTD) products in drug and convenience stores starting in January 2021.
It's just another deal Molson Coors has made to expand outside of the alcoholic beverage market. Last month, the company said it's teaming with Los Angeles beverage incubator L.A. Libations to sell a line of non-alcoholic beverages. Also, Molson Coors signed a deal last month with Coca-Cola to make Topo Chico Hard Seltzer.
Last October, Molson Coors said it was moving its North American operational headquarters from Denver to Chicago and also changed its name from Molson Coors Brewing Company to Molson Coors Beverage Co., indicating that it planned to sell more than just beer in the future.
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