# Cizzle Brands completes acquisition of Flow Water's co-manufacturing business for C$83.75M

Cizzle Brands Corporation completed the acquisition of all shares of Flow Water Inc.'s beverage co-manufacturing business for approximately C$83.75 million, funded by an Orion Infrastructure Capital credit facility, a vendor loan and private placements. The manufacturing facility in Aurora, Ontario will become the CWENCH Hydration Factory.

- Type: Acquisition
- Announced: 2025-12-24
- Where: Aurora, Ontario, Canada
- Value: $60.3M (83.8M CAD)
- Status: completed
- Products: beverages, co-manufacturing services

## Companies

- [Cizzle Brands](https://endata.com/companies/13853.md) (acquirer)
- [Flow Water](https://endata.com/companies/13854.md) (target)
- [Orion Infrastructure Capital](https://endata.com/companies/13855.md) (investor)

## Sources

- [financialpost.com](https://financialpost.com/pmn/business-wire-news-releases-pmn/cizzle-brands-corporation-announces-closing-of-transformative-transaction-with-the-acquisition-of-flow-water-inc-s-co-manufacturing-business), 2025-12-24: "Cizzle Brands Corporation has acquired Flow Water Inc.'s lucrative co-manufacturing business in a transaction valued at approximately $83.75M."
- [calgaryherald.com](https://calgaryherald.com/pmn/business-wire-news-releases-pmn/cizzle-brands-adds-vertical-integration-with-83-75m-acquisition-of-flow-water-inc-secures-minimum-volume-commitments-worth-184m-in-manufacturing-contracts), 2026-01-08: "the Company has acquired the Manufacturing Business for aggregate proceeds of approximately $83.75 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.