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Cobra Partnership
Festivals Dinner 2009
18 October 2009
The
Cobra Partnership celebrated it's inaugural Festivals Dinner on
Sunday 18th October at the Lancaster Hotel, London. The dinner,
which featured an exclusive performance by renowned Bollywood singer
Alka Yagnik, was organised to thank the ethnic restaurant sector
and wholesalers for their ongoing support of the Cobra brand. The
dinner was attended by several hundred curry restaurateurs including
well-known chefs such as Cyrus Todiwala and founder of the Good
Curry Guide, Pat Chapman. Guests were treated to a sumptuous meal
from Sanjay Anand's 'Madhus'.
The
Cobra Beer Partnership is a joint venture company that combines
the brewing, selling and marketing expertise of the highly successful
international brewer Molson Coors, with Cobra Beers iconic
brand and strong presence in ethnic restaurants and off-trade. Formed
in May 2009, the Cobra Beer Partnership is chaired by Cobra Beers
founder, Lord Karan Bilimoria with the day to day operations managed
by Molson Coors (UK).
Established
in 1989, Cobra Beer is one of the UK's fastest growing premium beer
brands and is now one of the strongest and best known brands in
the world beer category in the UK. Cobra was created as an exotic,
less gassy beer which is the perfect accompaniment to exotic spicy
food. Cobra currently has 95% distribution in Indian restaurants
in the UK and a long-standing association with the sector
the dinner was organised as a signal that the Cobra Beer Partnerships
intention is to maintain this strong relationship into the future.
The Cobra Beer Partnership
Molson
Coors and Cobra Beer officially launched the Cobra Beer Partnership
on 8th October 2009, a joint venture established to build upon the
brands iconic status and realise the true growth potential
of ethnic food and beer dining. This drive is bolstered by a £10
million marketing budget, committed to the Cobra Beer Partnership
by Molson Coors, over the next three years. With ethnic food sales
expected to rise to £1.6 billion by 2013, the burgeoning popularity
of ethnic cuisine in the UK brings with it huge potential for the
Cobra Beer Partnership. The dedicated business unit, which includes
many of the previous Cobra employees, follows a deal struck in May
this year - it has been set up to champion the Cobra brand and encourage
improved business performance.
Mark Hunter, CEO of
Molson Coors, said: The number of on-trade outlets leading
with food offers will surpass those wet-led outlets by 2018 and
with the off-trade set to overtake the on trade by 2011 as consumers
spend more time cooking at home we must be able to offer a relevant
and diverse portfolio for all food occasions."
We have a wealth
of experience with regards to this type of venture and an excellent
track record of building brands across all markets. This
dedicated business unit combines talented people from Molson Coors
and Cobra and everyone is united in growing the Cobra brand globally.
This is a new chapter and Cobra can move on to the next stage of
its brand evolution, whilst also opening up significant opportunities
for Molson Coors UK.
With over 9,500 Indian
restaurants in the UK, the ethnic restaurant sector is at the heart
of the Cobra Beer Partnerships strategy for growth. Lord Karan
Bilimoria, Founder of Cobra Beer, said: We are delighted to
be working with Mark Hunter and the Molson Coors team, all of whom
are passionate about the Cobra Beer Partnership and committed to
the Cobra brand.
The Cobra brand is
a strong edition to Molson Coors portfolio and stands alongside
Singha, the recently acquired Thai beer, to enforce Molson Coors
as a key player in the ethnic food sector. Molson Coors world
beer offering also includes Sol, Kasteel Cru, Dos Equis, Blue Moon,
Singha and Grolsch Weizen.
Adrian
Davey, recently MD Coors Off-trade, is appointed Managing Director
and the Cobra Beer Partnership will be chaired by Lord Karan Bilimoria.
The day to day running of the business will be managed by Molson
Coors. Cobras brewing facilities will move to Burton and Molson
Coors will continue to brew Cobra to its original Indian recipe,
using only the finest natural ingredients including rice and maize.
This venture will preserve the brand value of Cobra and its people,
with the entire Ethnic Restaurant Sales team retained as part of
the new Cobra Beer Partnership. The sales team will be headed up
by ERS Director Samson Sohail, now in his 17th year with Cobra.
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