SABMiller Canada Proceeds to Trial to Defend Its Termination Rights
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 06/20/13 -- Miller Brewing Company, a subsidiary of SABMiller plc, is disappointed with today's interim Court decision granting a temporary injunction to Molson Coors Canada which prevents Miller from terminating its Canadian License Agreement before a trial scheduled for December. Miller remains confident in its position ahead of the December Court date.
"While we respect the decision, Miller Brewing Company looks forward to proceeding to trial, presently set for December 2013," said Stephen Rogers, Legal Counsel for Miller Brewing Company. "We remain firm in our expectation that the Court will agree that we adhered to the terms of our Canadian Licence Agreement when we exercised our right to terminate."
According to Paul Gurr, Managing Director - Canada, "Canadian fans of Miller trademark brands can rest assured that SABMiller remains committed to the Canadian marketplace. In the interim, we will continue to prepare for a seamless transition following termination of the agreement, pending a successful trial decision - one that ensures Miller Brewing Company's ability to better serve Canadian retailers and consumers' beer preferences, choices and occasions in the future."
Overview of SABMiller
SABMiller plc is one of the world's leading brewers with more than 200 beer brands and some 70,000 employees in over 75 countries. The group's portfolio includes global brands such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft and Grolsch; as well as leading local brands such as Aguila (Colombia), Castle (South Africa), Miller Lite (USA), Snow (China), Victoria Bitter (Australia) and Tyskie (Poland). SABMiller also has growing soft drinks businesses and is one of the world's largest bottlers of Coca-Cola products.
Contacts:
Canada Inquiries:
Navigator Ltd.
John Ratchford
416-640-1579
Investor relations contact:
SABMiller plc
Nigel Fairbrass
SVP Global Communications and Reputation
+44 20 7659 0105
SABMiller plc
Gary Leibowitz
SVP, Investor Relations
+44 20 7659 0100
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Datum: 20.06.2013 - 18:58 Uhr
Sprache: Deutsch
News-ID 271899
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contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Beverages
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