The Molson’s, which founded Canada’s largest brewer, Molson Inc, among other businesses, paid Gillett more than $550 million in June for his 80.1-per-cent stake in the team. The Molson’s plan to buy out the 19.9 per cent stake of the Molson Coors Brewing Company – a business which they founded but is now publicly traded – giving them complete control of the team.
Under the new owners, Geoff Molson will be club Chairman and Chief Executive, and his brothers Andrew and Justin will also be part of the management team.
