Vintage Wine Estates Acquires ACE Cider – Leading Brand Expands Product Portfolio and Launches Complementary New Sales Channel
Vintage Wine Estates, Inc. (VWE)
Company Research
Source: GlobeNewswire
INCLINE VILLAGE, Nev., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (NASDAQ: VWE) (TSX: VWE.U) (TSX: VWE.WT.U) (“VWE” or the “Company”), one of the fastest-growing wine producers in the U.S. with an industry leading direct-to-customer platform, today announced the acquisition of ACE Cider, The California Cider Company, which is expected to close November 16, 2021. The first family-owned cider company in the U.S. and among the fastest growing craft cider brands in the country, ACE produces nearly 90,000 barrels of cider annually. “This strategic acquisition adds an innovative product line to our RTD (ready-to-drink) category and brings us access to a significant new sales channel for distribution, through which we expect we can push many of our brands,” commented Pat Roney, VWE CEO. “ACE is an excellent complement to our wine portfolio and its products are distributed through the beer channel which provides a new growth opportunity for all of our RTD products. Impo
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VWE
Sec Filings
- 4/3/24 - Form 424B3
- 4/3/24 - Form 424B3
- 4/3/24 - Form 3
- VWE's page on the SEC website