Ace Beverage Group acquired by Corby Spirit and Wine

Goodmans LLP acted for Ace Beverage Group in the acquisition of 90% of its outstanding shares by Corby Spirit and Wine Limited for $148.5 million.

Ace Beverage Group is a leader in the Canadian ready-to-drink (“RTD”) market, and its acquisition adds significant scale to Corby's portfolio in the large, fast-growing, and highly attractive RTD segment.