Molson Coors has clinched the €2.65bn (£2.14bn) acquisition of Czech brewer StarBev.

The deal was for the Staropramen brewer was first announced in April and received the green light from European competition authorities earlier this month.

Mark Hunter, who previously headed up Molson Coors’ UK & Ireland business, is relocating to head up the Carling brewer’s Central European business.

The acquisition includes Staropramen, the business unit’s flagship brand with sales in more than 30 countries worldwide.

“This acquisition significantly enhances our growth profile and builds upon our portfolio of premium brands,” said Molson Coors chief executive Peter Swinburn.

“Since the initial announcement, we have spent considerable time in-market and engaging with the local teams. We are more excited than ever about the numerous opportunities we see in this business and in the region.

“Significant progress has been made in laying the foundation for a successful integration and we are confident we have the right team, experience and strategy to achieve our goals.”