Cronos Group - Ownership and Business Overview

Consumer ProductsCompany

Cronos Group Ownership

Who owns Cronos Group?

Cronos Group is owned by Altria Group. It was acquired on December 7, 2018.

Cronos Group Business Overview

Where is Cronos Group headquartered?

Cronos Group is headquartered in Toronto, Ontario.

What is Cronos Group’s revenue?

Cronos Group disclosed revenue of 87M USD for 2023 and 87M USD for 2022.

How many employees does Cronos Group have?

Cronos Group has 356 employees.

What sector is Cronos Group in?

Cronos Group is a consumer products company.

When was Cronos Group founded?

Cronos Group was founded in 2012.

Consumer Products M&A Summary in 2018

Out of 60 sectors in the Mergr database, consumer products ranked 8 in number of deals in 2018. The largest consumer products acquisition in 2018 was Frutarom Industries - which was acquired by International Flavors & Fragrances for $7.1B.

Join Mergr to view all 241 acquisitions of consumer products companies in 2018, including 69 acquisitions by private equity firms, and 172 by strategics.

Cronos Group

Cronos Group, Inc.

111 Peter Street, Suite 300,
Toronto, Ontario M5V 2H1
Canada,
(416) 504-0004
www.thecronosgroup.com

Cronos Group is a globally diversified and vertically integrated cannabis company with a presence across four continents. Cronos Group was incorporated in 2012 and is headquartered in Toronto, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.0/yr) # 1 - - - - - 1
  1

Most Recent M&A

Company Date Value Type
Medical Marijuana Corp. 2019-03-04 - Stake Sale
Whistler, British Columbia · www.whistlermedicalmarijuana.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Consumer Products - - 1 (100%) -
Total - - 1 -

By Geo

State/Country Buy Value Sell Value
Canada - - 1 -
  British Columbia - - 1 -
Total - - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Consumer Products

Revenue

87   0% 2023
87   34% 2022
65   39% 2021
47   96% 2020
24   2019
(millions of USD) Show More Show Less

Employees

356

Established

2012

Public

NASDAQ: CRON

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