Ace Beverage Group
Ace Beverage Group is a Toronto-based, Corby Spirit and Wine–owned (95%) beverage alcohol company that owns and exclusively distributes a portfolio of RTD, wine, and tequila brands across five Canadian provinces for retailers and on-premise outlets.
- Company typePrivate
- Founded-
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Ace Beverage Group does
Ace Beverage Group Inc. (ABG) is a Toronto, Canada-based beverage alcohol company and a majority-owned subsidiary of Corby Spirit and Wine Limited (TSX-listed), with Corby holding 95% of Ace Beverage Holdco Inc. as of October 2025. ABG operates a portfolio of owned beverage brands spanning multiple categories, including Cottage Springs and Cabana Coast (RTD cocktails), Good Vines (wine), Casa del Rey Tequila (tequila), and the recently acquired Nude RTD brand. In addition to owned brands, ABG holds exclusive distribution and representation rights for third-party RTD brands across Canadian provinces under long-term agreements, most notably a three-year exclusive arrangement with Canada Dry Mott's Inc. (effective March 1, 2026 through August 31, 2029) covering Mott's Clamato, Snapple, Tahiti Treat, and Hires across Ontario, British Columbia, Alberta, Saskatchewan, and Manitoba. Headcount is reported at 11–50 employees.
ABG generates revenue by representing and distributing RTD brands across five Canadian provinces, earning margin on owned brands and on brands it exclusively represents, and supplements organic growth through brand acquisitions and portfolio rationalization (e.g., the $11M Nude RTD acquisition in 2024 and the October 2025 divestiture of Ace Hill and Liberty Village to Bench Brewing Company). Its go-to-market is a B2B channel partner model: ABG does not sell directly to consumers but distributes through Canadian beverage retailers, restaurants, bars, and on-premise outlets, while consumer-facing marketing is handled through brand-specific websites, Instagram, email outreach, and PR/newswire announcements. Pricing is negotiated privately through distribution and brand partnership agreements and is not publicly disclosed. The company is governed by the laws of Ontario and headquartered in Toronto.
Ace Beverage Group firmographics
Firmographics- Name
- Ace Beverage Group
- Legal name
- Ace Beverage Group Inc.
- Website
- https://acebeveragegroup.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ace Beverage Group is a Toronto-based, Corby Spirit and Wine–owned (95%) beverage alcohol company that owns and exclusively distributes a portfolio of RTD, wine, and tequila brands across five Canadian provinces for retailers and on-premise outlets.
- Ownership category
- akta.pro rank
Ace Beverage Group industry classification
Industry- Product category
- Ready-to-Drink Alcoholic Beverages
- NAICS
- Beverage Manufacturing (3121)
- SIC
- Wholesale-Beer, Wine & Distilled Alcoholic Beverages (5180), Beverages (2080)
- akta.pro primary industry
- Ready-to-Drink (RTD) Alcoholic Beverages & Brands (Canned Cocktails, Hard Seltzer) (CRADAIAD)
- akta.pro secondary industries
- Alcoholic Beverage Brand Owners & Holding Companies (Multi-category Portfolios) (CRADAIAL), Alcoholic Beverage Mixers & Cocktail Ingredients Brands (Non-alcoholic) (CRADAIAH)
Keywords
Where Ace Beverage Group is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Ace Beverage Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Marketing or Sales, Personnel, Operations
Revenue model
- RTD Brand Representation & Distribution: ABG generates revenue by representing and distributing ready-to-drink (RTD) brands across Canadian provinces, earning margin on brands owned or exclusively distributed. Revenue is also generated through brand ownership (owned brands such as Cottage Springs, Ace Hill, Liberty Village, Cabana Coast, Good Vines) and portfolio rationalization (acquisitions and divestitures of brands).
- Brand Acquisition & Portfolio Growth: ABG acquires RTD brands to expand its owned portfolio, funded through existing credit facilities. The acquisition of Nude RTD for $11 million from MXM Beverages is an example of growth via brand asset purchase, strengthening market leadership in Canada's RTD sector.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Ace Beverage Group product offering
Product offeringCore offering
Ace Beverage Group is a Canadian beverage alcohol company that owns a portfolio of ready-to-drink (RTD) beverage brands and exclusively represents third-party RTD brands (including Canada Dry Mott's portfolio) for distribution across five Canadian provinces. The company generates revenue by owning brands such as Cottage Springs, Cabana Coast, Casa del Rey Tequila, Good Vines, and Nude RTD, and by earning margin on exclusively distributed brands sold to retailers and on-premise outlets.
Product overview
Ace Beverage Group is a Canadian beverage company and subsidiary of Corby Spirit and Wine Limited. The company operates as a portfolio of multiple alcoholic and non-alcoholic beverage brands rather than a single unified product. The portfolio includes spirits (Casa del Rey Tequila), wine (Good Vines), beer (formerly Ace Hill), and ready-to-drink cocktails (Cabana Coast, Cottage Springs, Nude RTD). The company also holds exclusive distribution rights for Canada Dry Mott's brands including Snapple, Mott's Clamato, Tahiti Treat, and Hires across five Canadian provinces. In October 2025, ABG divested the Ace Hill and Liberty Village brands to Bench Brewing Company as part of portfolio rationalization.
Differentiator
Problem solved
Functional benefit
Brands
- Cottage Springs: Beverage brand portfolio company
- Casa del Rey Tequila
- Cabana Coast
- Good Vines
Products and services
- Cottage Springs Owned ready-to-drink beverage brand within Ace Beverage Group's portfolio, distributed to Canadian retailers and on-premise accounts.
- Casa del Rey Tequila Owned tequila brand within Ace Beverage Group's alcoholic beverage portfolio.
- Cabana Coast Owned cocktail brand within Ace Beverage Group's ready-to-drink beverage portfolio.
- Good Vines Owned wine brand within Ace Beverage Group's beverage portfolio.
- Nude RTD Ready-to-drink beverage brand acquired by Ace Beverage Group from MXM Beverages Ltd. in 2024 for $11 million, integrated into the owned brand portfolio.
Quantifiable outcome
- ABG positioned as leading RTD player in Canada through combined portfolio of owned and exclusively distributed brands.
Companies that use Ace Beverage Group
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Ace Beverage Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ace Beverage Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Canada Dry Mott's Inc.coreAce Beverage Group entered into a three-year exclusive agreement with Canada Dry Mott's Inc. (CDMI) to represent CDMI's ready-to-drink brands, including Mott's Clamato, Snapple, Tahiti Treat, and Hires, across five Canadian provinces (Ontario, British Columbia, Alberta, Saskatchewan, Manitoba). The partnership is effective March 1, 2026 through August 31, 2029. ABG's CEO stated the combined portfolio will make the company the leading RTD player in Canada, while CDMI cited the agreement as supporting its next phase of growth in the Canadian RTD market.
- Bench Brewing CompanyminorBench Brewing Company acquired the Ace Hill and Liberty Village brands from Ace Beverage Group, expanding its portfolio of Canadian craft beverages. The acquisition included all intellectual property and distribution rights, strengthening Bench's presence in Ontario across beer, cider, and RTD categories.
- Twenty Bench BrewingminorCorby Spirit and Wine Limited (ABG's parent) sold certain non-core brands to Twenty Bench Brewing as part of portfolio rationalization. The transaction involved the transfer of brand assets as ABG focused on core RTD growth categories.
- MXM Beverages Ltd.coreAce Beverage Group announced the acquisition of the Nude RTD brand and assets from MXM Beverages Ltd. for $11 million, funded through existing credit facilities. The transaction positions Corby and ABG as leaders in Canada's RTD beverage market. The transaction closed in late 2024 pending regulatory and legal approvals.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Ace Beverage Group competitors and assessment
Company assessmentDirect peers
- Cott Corporation: Canadian-headquartered beverage company with private-label and branded beverage operations across alcohol and non-alcohol categories. Comparable to ABG in geography, multi-category beverage brand ownership, and B2B distribution model.
- Phusion Projects: Independent RTD-focused brand company behind Four Loko and Bon & Viv. Comparable to ABG as a smaller, RTD-specialist brand owner competing for the same retail shelf space and on-premise listings.
- The Boston Beer Company: Public US brewer and RTD portfolio operator behind Truly Hard Seltzer and Twisted Tea. Comparable to ABG as a multi-category alcoholic beverage brand owner with material RTD exposure and similar target customer base of retailers and on-premise accounts.
- Mark Anthony Brands: Owner of White Claw Hard Seltzer and Mike's Hard Lemonade, the dominant North American RTD brand portfolio. Directly comparable to ABG as a multi-brand RTD-focused portfolio and distribution platform targeting the same retailer and on-premise customers.
Broad incumbents
- Diageo plc: World's largest spirits company with material RTD initiatives (Smirnoff RTD, Captain Morgan RTD, Cîroc). Comparable to ABG as a multi-category alcoholic beverage brand owner competing in the same Canadian RTD category with significantly greater distribution and marketing scale.
- Molson Coors Beverage Company: Major Canadian-rooted global brewer with an expanding RTD portfolio (Vizzy, Simply, Topo Chico Hard Seltzer). Comparable to ABG in Canadian market presence and RTD ambition, though at vastly greater scale and as a broad incumbent across beer, cider, and beyond.
- Pernod Ricard: Global premium spirits and wine group with RTD offerings (Absolut, Jameson RTDs) and Canadian presence. Comparable to ABG as a multi-category alcohol brand portfolio competing for the same on-premise and retail customers in Canada.
- Corby Spirit and Wine Limited: TSX-listed Canadian spirits and wine company that holds 95% of ABG. Comparable as the parent entity and as a broader Canadian alcoholic beverage portfolio operator; ABG operates as the RTD-focused growth vehicle within Corby's portfolio.
- Constellation Brands: Large alcohol portfolio operator behind Corona Hard Seltzer, High Noon, and Modelo. Comparable to ABG as a multi-category alcoholic brand owner with leading RTD exposure, though with global scale and a much broader beer/spirits portfolio.
Regional players
- Sleeman Breweries: Canadian regional brewer and acquirer of craft brands. Comparable to ABG as a Canadian-headquartered beverage brand operator; recently acquired Ace Hill and Liberty Village from ABG, providing a direct transactional reference point for valuing ABG's divested brands.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Ace Beverage Group social profiles
Digital presenceAce Beverage Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ace Beverage Group leadership team
Management profileNumber of profiles
Profiles4 records
Ace Beverage Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ace Beverage Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ace Beverage Group
What does Ace Beverage Group do?
Ace Beverage Group is a Canadian beverage alcohol company that owns a portfolio of ready-to-drink (RTD) beverage brands and exclusively represents third-party RTD brands (including Canada Dry Mott's portfolio) for distribution across five Canadian provinces. The company generates revenue by owning brands such as Cottage Springs, Cabana Coast, Casa del Rey Tequila, Good Vines, and Nude RTD, and by earning margin on exclusively distributed brands sold to retailers and on-premise outlets.
Is Ace Beverage Group a public or private company?
Ace Beverage Group is a private company. It is classified as corporate owned and is currently operating.
When was Ace Beverage Group founded?
Ace Beverage Group was founded in -1. It employs 11 to 50 people.
Where is Ace Beverage Group based?
Ace Beverage Group is headquartered in Toronto, Canada, in the North America region.
How does Ace Beverage Group make money?
Two revenue lines are on record. RTD Brand Representation & Distribution is the primary driver. The others are brand Acquisition & Portfolio Growth.
Who are Ace Beverage Group's main competitors?
Direct peers on record are Cott Corporation, Phusion Projects, The Boston Beer Company and Mark Anthony Brands. Broad incumbents are Diageo plc, Molson Coors Beverage Company, Pernod Ricard, Corby Spirit and Wine Limited and Constellation Brands. Sleeman Breweries is listed as a regional player.
Does Ace Beverage Group have an API?
No public API is recorded for Ace Beverage Group.
What industry is Ace Beverage Group in?
Ace Beverage Group's product category is Ready-to-Drink Alcoholic Beverages. Its primary akta.pro industry code is CRADAIAD, Ready-to-Drink (RTD) Alcoholic Beverages & Brands (Canned Cocktails, Hard Seltzer), with a secondary code of CRADAIAL, Alcoholic Beverage Brand Owners & Holding Companies (Multi-category Portfolios). Its NAICS code is 3121 and its SIC code is 5180.