Cronos Group Mergers & Acquisitions

Cronos Group M&A Summary

Cronos Group has acquired 1 company of its own, including 1 in the last 5 years. It has also divested 1 asset.

Cronos Group’s largest acquisition to date was in 2025, when it acquired CanAdelaar B.V. for $67M. The Company’s most targeted sectors include agriculture (100%).

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity1
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Cronos Group

Cronos Group, Inc.

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

All (2) Buy (1) Sell (1)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2025-12-09 CanAdelaar · Agriculture
Hellevoetsluis, Netherlands · www.canadelaar.com

CanAdelaar is a cannabis company operating within the Netherlands’ adult-use cannabis pilot program (the “Wietexperiment”). The company operates out of Voorne aan Zee, Netherlands, with a 540,000 square foot facility spanning greenhouse cultivation as well as processing, production, and packaging of all CanAdelaar products. With active sales to nearly all 72 coffee shops within the Wietexperiment, CanAdelaar sells flower, pre-rolls, hash and edibles branded under CanAdelaar Original Grow, or “C.O.G.”

Revenue (mlns) 47 USD
EBITDA (mlns) 28 USD
67
2.4x EBITDA
1.4x REVENUE
Add-on Acquisition

Cronos Group

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