Business
Ace Beverage Group Closes Acquisition of Nude Ready-to-Drink Brand; Corby Announces New Independent Director
Ace Beverage Group Closes Acquisition of Nude Ready-to-Drink Brand; Corby Announces New Independe...
About this update from Corby Spirit And Wine Limited Class A
[{"type":"text","content":"\n \n \n \n Ace Beverage Group Closes Acquisition of Nude Ready-to-Drink Brand; Corby Announces New Independent Director\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n May 13, 2024\n \n \n /CNW/ -\n \n \n \n \n CLOSING OF TRANSACTION\n \n \n \n \n Corby Spirit and Wine Limited (\"Corby\" or the \"Company\") (TSX: CSW.A) (TSX: CSW.B) announced today the closing of the previously disclosed acquisition of the Nude ready-to-drink brand and certain assets of MXM Beverages Ltd. by its subsidiary, Ace Beverage Group Inc.\n \n \n \n \n ADDITION TO CORBY BOARD OF DIRECTORS\n \n \n \n \n The Corby Board of Directors announced that, effective today,\n \n Pam Laycock\n \n has been appointed as an independent Director of Corby. Ms. Laycock brings significant expertise to guide the Corby Board of Directors, having served in various executive capacities in business and digital transformations, and with decades of Executive, Board and advisory experience from a variety of industries. Ms. Laycock graduated with a Master of Business Administration degree from the Schulich School of Business,\n \n York University\n \n , and a Bachelor of Commerce degree from the\n \n University of Toronto\n \n . Ms. Laycock also holds an ICD.D designation from the Institute of Corporate Directors.\n \n \n \"We are very pleased to welcome Pam to the Corby Board of Directors. Her extensive experience in leading transformation, strategic planning, and execution will undoubtedly strengthen our Board and help guide the Company as we continue to navigate an ever-evolving business landscape,\" said\n \n Lucio Di Clemente\n \n , Chair of the Corby Board of Directors.\n \n \n \n About Corby Spirit and Wine Limited\n \n \n \n Corby Spirit and Wine Limited (\"Corby\") is a leading Canadian manufacturer, marketer and distributor of spirits, wines and ready-to-drink beverages. Corby's portfolio of owned-brands includes some of the most renowned brands in\n \n Canada\n \n , including J.P. Wiser's®, Lot 40®, and Pike Creek®...