Molson Coors Beverage Co. has agreed to acquire Georgetown, Ky.-based Blue Run Spirits, a producer of bourbon and rye whiskies that was founded in October 2020. The move is the company’s first acquisition in the spirits space, according to a release from the company, and allows the formation of Coors Spirits Co., which represents another step in the evolution of Molson Coors beyond the beer aisle into a total beverage company.
Currently available in 31 states, Blue Run announced plans to build a distillery in Kentucky in March 2023, and those plans are expected to continue under Molson Coors’ watch. In addition, Blue Run has three new whiskies slated for late summer/fall release, the announcement said.
Blue Run’s founders — Mike Montgomery, Tim Sparapani, Jesse McKnight and Andy Brown — will all remain with the brand, with Montgomery becoming vice president of Coors Spirits Co.