Tilray - M&A Summary and Business Overview

Healthcare ServicesCompany

Tilray M&A Summary

Tilray has acquired 5 companies, including 4 in the last 5 years. A total of 1 acquisition came from private equity firms.

Tilray’s largest acquisition to date was in 2019, when it acquired Fresh Hemp Foods for $318M. Tilray has acquired in 1 US state, and 3 countries. The Company’s most targeted sectors include life science (40%) and agriculture (20%).

Tilray Business Overview

Where is Tilray headquartered?

Tilray is headquartered in Leamington, Ontario.

What is Tilray’s revenue?

Tilray disclosed revenue of 627M USD for 2023 and 628M USD for 2022.

How many employees does Tilray have?

Tilray has 1,600 employees.

What sector is Tilray in?

Tilray is a healthcare services company.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 4
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 1
  • M&A Advisors 3

Tilray

Tilray, Inc.

265 Talbot Street West,
Leamington, Ontario N8H 5L4
Canada,
(844) 845-7291
www.tilray.ca

Tilray is a medical cannabis company, involved in cultivating and delivering the medical benefits of cannabis safely and reliably. Tilray is based in Leamington, Ontario.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 3 - 2 - - - 5
vol $322M $322M
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
Breckenridge Distillery 2021-12-08 - Add-on Acquisition
Breckenridge, Colorado · www.breckenridgedistillery.com
Aphria, Inc. 2021-05-03 - Add-on Acquisition
Leamington, Ontario · www.aphriainc.com
Fresh Hemp Foods Ltd. 2019-02-20 318M CAD Add-on Acquisition
Winnipeg, Manitoba · www.manitobaharvest.com
Natura Naturals Holdings, Inc. 2019-02-19 - Add-on Acquisition
Leamington, Ontario
Alef Biotechnology SpA 2018-10-09 4M CAD Add-on Acquisition
Santiago, Chile · www.alefbiotechnology.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Life Science 2 (40%) 4M (1%) - -
Agriculture 1 (20%) - - -
Beverages 1 (20%) - - -
Food 1 (20%) 318M (99%) - -
Total 5 $322M - -

By Geo

State/Country Buy Value Sell Value
Canada 3 318M - -
  Ontario 2 - - -
  Manitoba 1 318M - -
Chile 1 4M - -
United States 1 - - -
  Colorado 1 - - -
Domestic 3 (60%) 318M (99%) - -
Cross-border 2 (40%) 4M (1%) - -
Total 5 $322M - -

Top M&A Advisors

Financial Deals
Cowen Group, Inc.
 1
Legal Deals
Blake, Cassels & Graydon
 1
Cooley
 1

Deal Values

buy # Total
$100M to $1B 1 $318M
< $100M 1 $4M
TOTAL $322M
Largest Fresh Hemp Foods Ltd.
$318M (2019-02-20)

M&A Connections

Deals
Acquired from
Investor(s)
20%
1 (20%)

Company Summary

SECTOR

Healthcare Services

Revenue

627   1% 2023
628   23% 2022
513   27% 2021
405   2020
(millions of USD) Show More Show Less

Employees

1,600

Public

NASDAQ: TLRY

Former Name

Aphria Inc.

 Subscribe to unlock this and 209,130
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 202K M&A Transactions
  • 205K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Tilray

Ontario Companies , Healthcare Services Companies , Canada Companies , Ontario Healthcare Services Companies , Ontario Healthcare Services with Acquisitions , Ontario Healthcare Services with Divestitures

Related Lists for Ontario Companies

Largest Ontario Companies , Acquisitive Ontario Companies , Recently Acquired Ontario Companies , Recently Sold Ontario Companies , Private Ontario Companies , Public Ontario Companies , Acquired Ontario Companies , PE Backed Ontario Companies

Related Lists for Healthcare Services Companies

Largest Healthcare Services Companies , Acquisitive Healthcare Services Companies , Recently Acquired Healthcare Services Companies , Recently Sold Healthcare Services Companies , Private Healthcare Services Companies , Public Healthcare Services Companies , Acquired Healthcare Services Companies , PE Backed Healthcare Services Companies

Related Lists for Canada Companies

Largest Canada Companies , Acquisitive Canada Companies , Recently Acquired Canada Companies , Recently Sold Canada Companies , Private Canada Companies , Public Canada Companies , Acquired Canada Companies , PE Backed Canada Companies
Mergr

Product

Company

Legal