Mod Beverage founder and president, Paul Mroczek, has over a decade of experience in the beverage industry.
Canadian beverage start-up Mod Beverage has acquired assets from the now-defunct TBA Beverage, including several beer brands and a brewing facility, for an undisclosed sum.
Through the deal, Mod Beverage will continue to sell and produce TBA’s beer brands such as Spectrum beer, Haus lager and Phantom beer.
Other assets include the Canadian operations of Seattle-based Odin Brewing, as well as a brewing facility in Vancouver. Mod will also retain the sales staff from TBA Beverage, which was formerly known as Craft Collective Beerworks and Factory Brewing.
Based in Vancouver, Mod is a new, locally-owned and operated business. The company is wholly-owned by founders Alex Milne and Paul Mroczek, who will serve as Mod’s CEO and president, respectively.
The start-up aims to build a portfolio that ‘champions’ every segment of the alcoholic and non-alcoholic beverage markets, from cold-brew coffee to IPAs. TBA’s brands will join Mod’s existing portfolio that includes Mighty hard coconut water, Parade hard seltzer, Getaway hard cider and Boujee canned wine, which are distributed across Canada.
According to Mod, it will be developing and launching more new brands, with plans to develop each into self-sustaining companies.
“We see Mod as a way to merge the large-scale distribution model of a Diageo or a Molson Coors with the quality and imagination of the craft breweries that we love. We’re really all about getting great brands and great products to as many Canadians as possible – beer, wine, cider, you name it,” said founder and president of Mod Beverage, Paul Mroczek.
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