Ace Beverage Group

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.

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

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

• Ready-to-drink beverages
• Beverage distribution
• Alcoholic beverage brands
• RTD cocktails
• Beverage brand portfolio

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Marketing or Sales, Personnel, Operations

Revenue model

1. 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).
2. 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

Core 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.

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Canada Dry Mott's Inc.coreChannel Partner/ Reseller/ Distributor · 17 February 2026Ace 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 CompanyminorChannel Partner/ Reseller/ Distributor · 17 October 2025Bench 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 BrewingminorChannel Partner/ Reseller/ Distributor · 10 October 2025Corby 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.coreChannel Partner/ Reseller/ Distributor · 20 April 2024Ace 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

Direct 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

• Instagraminstagram.com/acebeveragegroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ace Beverage Group