Inbrew Holdings, a Singapore-based brewer, agreed to acquire Indian beer business of Molson Coors, a lager producer. Financial terms were not disclosed. As part of the acquisition, Inbrew, will acquire popular beer brand Thunderbolt and rights to iconic brands such as Millers, Miller High Life, Miller Ace, Blue Moon, Carling and Cobra. Inbrew Holdings will also acquire manufacturing facilities in India along with the entire business operations. “Inbrew understands the Indian beverage market and grasps the needs of existing and emerging consumers. A portfolio of strong local and portfolio of popular international brands, supported by established distribution and well-invested manufacturing facilities, will allow Inbrew to rapidly expand its offering. Molson Coors is a global beer giant and has made significant investment into India over the years. This acquisition provides Inbrew a robust platform to build further into an influential player in India’s young and rapidly growing beverage market," Ravi Deol, Inbrew Holdings Chairman.