Acquisition Game Back ‘On?”

It’s been relatively quiet in the last year or so in the consolidation of global breweries, but a deal between Molson Coors and a European consortium of brands is a sign that the consolidation of the worlds breweries is far from over.

The deal calls for Molson Coors to pay $3.54 billion for the European company StarBev, which has a roster of more than 20 brands little known in the U.S., including Borsodi, Kamenitza and Bergenbier.

The company pulled in about $1 billion in revenue last year and has about 4,100 employees and nine breweries..

StarBev’s current owner is the private equity firm CVC Capital Partners, which less than three years ago bought the brewery from Budweiser maker Anheuser-Busch InBev.