On November 25, 2020, Ace Hill Brewing Company Inc. completed the acquisition of all of the issued and outstanding shares in Iconic Brewing Company Inc., a leading alcoholic beverage company that has built a unique portfolio in ready-to-drink beverages which includes Cottage Springs, Liberty Village, Good Vines and Cabana Coast.
Cassels acted for Iconic with a deal team that included Jonathan Sherman, Aly Somani, Amanda Metallo and Shannon Scrocchi (Business Law), Daniel Cipollone and Paras Patel (Banking & Specialty Finance), Chris Norton and Tera Li Parizeau (Tax), Steven Kennedy (Intellectual Property), Bernice Karn (Privacy), and Adrian Jakibchuk (Employment & Labour).