RG One Corp. Completes Business Combination with Flow Water to Form Flow Beverage Corp.

Rucker Investments Affiliate Takes Flow Water Inc. Private

October 6, 2025

Food & Beverage

An affiliate of Rucker Investments subscribed for new shares of Flow Water Inc. under an Ontario Superior Court-approved reverse vesting order, becoming the company's sole shareholder and taking the business private. Flow, headquartered in Toronto, will continue operations under its Flow brand with a deleveraged balance sheet, access to working capital, and Paul Dowdall appointed as President.

Cizzle Brands Acquires Flow Water Manufacturing Business for $83.75M

January 10, 2026

Food & Beverage

Cizzle Brands acquired the manufacturing business of Flow Water (Flow Beverage Corporation) for approximately $83.75 million, buying the Aurora, Ontario production facility now rebranded as the CWENCH Hydration Factory. The purchase includes a roughly $184 million contracted order book (with about $158 million take-or-pay protection), secures supply for Cizzle's CWENCH Hydration product, and was financed with a mix of debt and equity including a $40 million credit facility from Orion Infrastructure Capital.

Virgo Investment Group Invests in Flow Alkaline Spring Water

October 1, 2020

Food & Beverage

Virgo Investment Group announced a growth capital investment in Flow Alkaline Spring Water to accelerate the brand's growth, expand distribution channels, and fund new product lines. As part of the deal Virgo's Managing Partner Scott Guthrie will join Flow's advisory group; Flow is a Toronto-based premium alkaline spring water brand with distribution across Canada and the United States.

The Flowr Corporation Acquires Terrace Global Inc.

October 19, 2020

Consumer Products

The Flowr Corporation (TSXV: FLWR) will acquire all outstanding common shares of Terrace Global Inc. (TSXV: TRCE) in a court‑approved plan of arrangement in a share‑based transaction valuing Terrace at approximately $63 million. The deal (0.4973 Flowr shares per Terrace share, implied $0.22 per Terrace share) is intended to strengthen Flowr's international presence and create a vertically integrated cannabis platform with enhanced liquidity and reduced indebtedness.

KKR Acquires Flow Control Group from Bertram Capital

February 17, 2021

Industrial Services

KKR has entered into an agreement to acquire Flow Control Group, a leading North American distributor of flow control, fluid handling and industrial automation products, from Bertram Capital. Headquartered in Charlotte, North Carolina, Flow Control Group serves over 10,000 customers and 2,000 suppliers; KKR is investing through its Americas XII Fund and terms were not disclosed.

Corby (Pernod Ricard) Acquires 90% Stake in Ace Beverage Group

June 13, 2023

Food & Beverage

Corby Spirit and Wine, the Canadian affiliate of Pernod Ricard, will acquire a 90% stake in Ace Beverage Group for an enterprise value of CAD 165 million, with call options to buy the remaining shares in 2025 and 2028. The deal gives Corby a stronger position in the fast-growing Canadian ready-to-drink (RTD) category and will leverage Corby's distribution network to scale ABG's Cottage Springs, Ace Hill and other brands across Canada.