Skip to main content
hello world

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

Ace Beverage Group to Acquire Nude Beverage Brand from MXM Beverages Ltd.

Newswire.ca - Sat Apr 20, 12:39PM CDT

Transaction positions Corby and ABG as one of the leaders in the RTD category in Canada

TORONTO, April 20, 2024 /CNW/ - Corby Spirit and Wine Limited ("Corby" or the "Company") (TSX: CSW.A) (TSX: CSW.B) today announced that its subsidiary, Ace Beverage Group Inc. ("Ace Beverage Group" or "ABG"), has signed a definitive agreement  to acquire the Nude ready-to-drink ("RTD") brand and certain assets of MXM Beverages Ltd. ("MXM") for $11 million, which will be funded using available financing from ABG's existing credit facility (the "Transaction"). 

Read more at newswire.ca