![]() In 2007, the two brewing and beverage companies, Molson Coors and SABMiller, formed a horizontal joint venture that would see the pair pool their US assets to distribute their beer brands in the US and Puerto Rico. Here, we’ll take a look at these famous joint venture examples in more detail, along with a few others you may have heard of. And Hulu? Well, Hulu has at least four parent companies to call its own. BMW Brilliance was formed by the car manufacturers BMW and Brilliance Auto Group. MillerCoors is the lovechild of brewing brands Molson Coors and SABMiller. That’s right, each one is the child company of two or more larger companies. Kellogg Company and Wilmar International Limitedĭoes BMW Brilliance ring any bells? How about MillerCoors? You must have heard of the streaming platform, Hulu? Well, all three of them have one thing in common – they’re joint ventures! The Walt Disney Company, News Corporation, Comcast’s NBC Universal and Providence Equity Partners ^ "Brilliance Auto's net profit grows over 24% in 2011, thanks to increase in BMW sales".^ "Brilliance sells 22,000 BMW cars in Jan-Apr, up 77.3%".^ a b "BMW Brilliance sales rise by 36 per cent in China".leading to full consolidation effective 11 February 2022" (Press release). ![]()
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