Prime Drink Group Acquires Triani Canada Inc.

May 8, 2024

Prime Drink Group Corp. (CSE: PRME) announced a definitive agreement to acquire all issued and outstanding shares of Triani Canada Inc., a Québec-based beverage producer and bottler with unaudited 2023 sales of approximately CAD 28 million. The transaction (originally announced via a letter of intent) is being funded in part through a non‑brokered private placement of subscription receipts and requires shareholder and regulatory approvals.

Buyers
Prime Drink Group Corp.
Targets
Triani Canada Inc.
Sellers
9296-0186 Québec Inc., Angelpart Ventures Inc.
Industry
Food & Beverage
Location
Quebec, Canada
Transaction Type
Buyout

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