Molson Coors Beverage Co has completed the US$150m divestment of its Irwindale brewery in California to Pabst Brewing Co.

The transaction, which exercises an option that Pabst has on the facility, was first announced in May. Pabst said it is working to get the plant back in operation following its shutdown in January.

“We are continuing to conduct our feasibility study to determine whether there is a path to reopen and operate the brewery at a later date,” the company said this week.

According to Molson Coors, the Irwindale facility, which opened in 1980, produced 4.8m barrels last year, shipping product to 261 distributors across the US. Molson Coors has produced Pabst brands, including Pabst Blue Ribbon, under contract at its breweries, including Irwindale, since 1999.

Molson Coors launched a wide-ranging restructure programme last year that included a name change and a new focus on non-beer categories. The restructuring also included job cuts and the switch of the company’s headquarters from Denver to Chicago.

This week, the company said it is to trim its portfolio.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Molson Coors Beverage Co Performance Trends 2015-2019 – results data

Just Drinks Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now