Wildpack buys Longmont’s Vertical Distilling for $4.5M
LONGMONT — Vertical Distilling LLC, a Longmont-based ready-to-drink beverage contract manufacturer operated by CanSource LLC founders Pat Hartman and Ron Popma, has been bought by Canadian co-packer Wildpack Beverage Inc. (TSX-V: CANS) for $4.5 million in cash.
“Colorado is a key geography in the middle market beverage industry for both customers and vendors,” Wildpack chief growth officer Thomas Walker said in a prepared statement. “Establishing a presence there not only furthers our strategic business objectives as it relates to decreasing shipping cost and complexity for customers, but it also places us as neighbors to several of our key vendors. Strengthening these…
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