History
Lakeport was founded in 1992 as a premium beer brewery. It produced its own brands of premium beer, as well as taking contracts to brew beers for other brands such as President's Choice. Lakeport's retail outlet adjacent to the brewery was the first store in Ontario to sell beer on Sundays.
The brewery was in bankruptcy protection in 1999 when AlphaCorp Holdings Ltd bought the brewery and hired Teresa Cascioli to manage the brewery. Lakeport took on contract manufacturing work for other beverage brands and reworked its operations to make the brewery profitable. Cascioli later bought out the other investors to gain complete ownership of the company which she retained until the initial public offering, at which point her ownership fell to twenty percent.
Read more about this topic: Lakeport Brewing Company
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