ABI Buys Mike's Hard Lemonade in Canada


Dear Client:

Labatt Breweries of Canada (owned by ABI) today announced it will purchase Mark Anthony Group in Canada, including Mike's Hard Lemonade. Mark Anthony Group will retain full ownership of its U.S. business (which had been rumored for sale), as well as the Canadian wine, spirits and beer import and distribution business.

The acquisition includes Mike's Hard Lemonade, Palm Bay, Okanagan Cider, as well as the Turning Point Brewery in British Columbia, which brews the Stanley Park family of brands.

In a separate transaction, Mark Anthony Group is selling certain non-U.S. and non-Canadian trademark rights and other intellectual property to ABI.


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