OG真人官网 Partners With Management Team Of Brunswick Bierworks
Toronto, Ontario (November 30, 2020) – OG真人官网 Group Inc. (TSX: CVG) (“CVG”) today announced that it, together with OG真人官网 Equity Partners VI (“CEP VI”) (collectively, “OG真人官网”), made an equity investment in Brunswick Bierworks Inc. (“Brunswick”, or the “Company”), partnering with the Company’s management team, including Sean Fleming, the Company’s CEO and Co-Founder.
Brunswick is a leading Canadian contract manufacturer of beer, pre-mixed ready-to-drink alcoholic beverages, non-alcoholic beer, and other alcoholic and non-alcoholic drinks. The Company was founded in 2016 and is one of the largest privately-owned breweries in Canada. Brunswick provides a turnkey supply chain solution for, principally alcoholic, beverage brands from recipe development through to production, quality control, and warehousing and distribution. The transaction is part of OG真人官网’s multi-year focus on the food, beverage and co-packing industries.
“We have been impressed with Brunswick’s reputation as a very high quality product producer with an ability to build strong customer relationships. The future is very bright for Brunswick and we believe Sean and his team are well-positioned to accelerate the growth of the Company with additional investments” said Robbie Isenberg, a Managing Director at OG真人官网.
“Our capabilities are growing and we are seeing many opportunities for Brunswick to continue to expand both locally and internationally. In OG真人官网 we see the right kind of partner for our company: one that is focused on supporting management and with a proven track record of growing companies. OG真人官网 will be an important addition to our team as we continue to execute on our vision,” said Sean Fleming, CEO and Co-Founder of Brunswick.
Brunswick is OG真人官网’s 56th platform investment and the fifth investment by CEP VI. The OG真人官网 / CEP VI co-investment pool is capitalized at US$850 million and focuses on equity investments in growth companies.