MXM Beverages Ltd. (dba Nude Beverages)

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Food & beverage
MXM Beverages Ltd. (dba Nude Beverages)
Canada's first ready-to-drink 5% sugar-free vodka soda
Has Been Sold to
Ace Beverage Group Inc.
Better-for-you alcoholic beverage company
Advised on Sale of Company

Advised Nude Beverages on sale to Ace Beverage Group

Ace Beverage Group (ABG), a subsidiary of Corby Spirit and Wine (TSX: CSW.A) and backed by Pernod Ricard, has acquired Nude Beverages, a Vancouver-based ready-to-drink (RTD) alcoholic beverage company. The transaction strengthens ABG’s presence in Western Canada and accelerates its strategy of building a national RTD platform.

Founded in 2017 and headquartered in Vancouver, British Columbia, Nude Beverages pioneered Canada’s first 5% sugar-free vodka soda and has since expanded its portfolio with several product line extensions and new brands including Los Flamingos. The company has established a strong position as a leading RTD brand in the Western Canadian market.

The acquisition complements ABG’s existing portfolio — which includes Cottage Springs, Ace Hill, and Cabana Coast — and its established position in Ontario, creating a platform for national expansion and the introduction of new RTD innovations to consumers across Canada.

Capital West Partners – IMAP Canada acted as exclusive financial advisor to Nude Beverages on the transaction.

 

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