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Pernod Ricard has announced Corby Spirit and Wine (Corby) is to acquire a 90% stake in Ace Beverage Group (ABG), the largest independent player of the fast-grow...
Corby will initially acquire 90% of the outstanding share capital and voting rights of Ace for $148.5 million (at an overall enterprise value of $165.0 million).
The move is part of a broader push in the industry to claw back market share from the seltzers and canned cocktails that have lured drinkers away.
/CNW/ - Canadians can now get their hands on a game-changing product in the beer category: the first-ever carb-free beer in Canada. Developed by Ace Beverage...
Including seltzer, soda, kombucha and hot cocoa