Ready to drink?I dunno about this move. Not a big fan of fads.
>>>TORONTO, June 12, 2023 /CNW/ - Corby Spirit and Wine Limited ("Corby" or the "Company") (TSX: CSW.A) (TSX: CSW.B) today announced it has signed a definitive agreement (the "Transaction") to acquire 90% of the outstanding shares of Ace Beverage Group Inc. ("Ace Beverage Group" or "Ace") for $148.5 million. With roots dating back to 2013, Ace Beverage Group has achieved consistent high double-digit growth to become a Canadian RTD leader. Its flagship brand, Cottage Springs, is the leading ready-to-drink ("RTD") brand in Ontario, with a strong positioning in key category segments and bestsellers that include, Cottage Springs Vodka Soda, Vodka Water and Tequila Soda. Ace also boasts a rich and diversified portfolio of other innovative brands, such as Ace Hill, Cabana Coast and Liberty Village.
https://www.newswire.ca/news-releases/corby-spirit-and-wine-limited-to-acquire-ace-beverage-group-874024751.html