Labatt to Buy Canadian Rights To Mike's Hard Lemonade

imageFrom 680News:

A growing taste for sweeter drinks has pushed Labatt Breweries into its latest acquisition for the Canadian rights to Mike’s Hard Lemonade, Okanagan Cider and a couple of other alcoholic beverages.

The Canadian brewer, which is owned by Belgian company Anheuser-Busch InBev, said late Tuesday it has struck a US$350-million deal with the Mark Anthony Group of Companies that will also give it ownership of Palm Bay pre-mixed drinks and the Turning Point Brewery in British Columbia, which brews Stanley Park beers.

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