MINHAS SIBLINGS ACQUIRE CEBL’S EDMONTON STINGERS
The Canadian Elite Basketball League (CEBL) and Stingers Entertainment Group announced Wednesday that Ravinder Minhas and Manjit Minhas have become partners of the CEBL and the Edmonton Stingers. Manjit, who becomes the first female owner in CEBL history, and her brother Ravinder join Taranvir ‘Tank’ Vander and James Burns of Stingers Entertainment Group as Managing Partners of the Stingers and investors in the CEBL.
“We are pleased to welcome Manjit and Ravinder to the Stingers Entertainment Group and CEBL ownership teams,” said Tank Vander, Managing Partner of Stingers Entertainment Group. “They bring a rich history of success in Alberta business, and their investment in our team and league speaks to their dedication to the continued growth of basketball. We are excited to welcome them into our organization as we continue working towards the upcoming season.”
Ravinder and Manjit are the co-founders of Minhas Breweries & Distilleries – the creators of Boxer Lager, Mountain Crest and other popular beverage brands. Minhas products can be found in more than 1,100 stores across Alberta and international retail clients include Trader Joe’s, HEB, Sam’s Club and Walmart.
Among their many accomplishments, the siblings ascended their companies to a portfolio of products with annual revenues topping $250 million, acquired the second-oldest brewery in the United States – the Minhas Craft Brewery in Monroe, WI – in 2006 and opened the state-of-the-art Minhas Micro Brewery in their hometown of Calgary, Alberta in 2012. In addition, Minhas is now producing boutique brands including Artingstall’s Brilliant London Dry Gin in collaboration with Hollywood luminary Paul Feig, and MONEYBAG™ Vodka – an ultra-premium, 10x distilled luxury vodka created with Harlo Entertainment and rock legend Gene Simmons.
“We’re ecstatic to be joining the Stingers and the CEBL,” said Ravinder Minhas. “From cheering on the Raptors courtside to sponsoring the Milwaukee Bucks, anyone who knows me knows I’m an avid basketball fan. But when Tank and Jamie invited us to a Stingers game, I was completely blown away by the quality of the on-court action and energy of the crowd. Manjit and I are excited to become part owners of the CEBL as well as the Stingers. This league has tremendous potential for growth.”
Day-to-day operations of the Stingers organization will remain unchanged with a continuing focus on community involvement and outreach initiatives that earned the club the CEBL’s 2023 Community Champion Award.
(CEBL Communications)
