M&A Deal Summary

LSL Pharma Acquires Virage Santé

On June 18, 2024, LSL Pharma acquired consumer products company Virage Santé for 3M USD

Acquisition Highlights
  • This is LSL Pharma’s 1st transaction in the Consumer Products sector.
  • This is LSL Pharma’s largest (disclosed) transaction.
  • This is LSL Pharma’s 1st transaction in Canada.
  • This is LSL Pharma’s 1st transaction in Quebec.

M&A Deal Summary

Date 2024-06-18
Target Virage Santé
Sector Consumer Products
Buyer(s) LSL Pharma
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Virage Santé

Lévis, Quebec, Canada
Virage Santé specializes in the manufacturing and marketing of natural health products. The company offers a range of natural products such as Lalma herbal teas, teas, probiotics as well as supplements for joints and weight loss. Virage Santé is based in Lévis, Quebec.

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Buyer(S) 1

Buyer

LSL Pharma

Boucherville, Quebec, Canada

Category Company
Sector Life Science
Revenue 10M CAD (2023)
DESCRIPTION

LSL Pharma is an integrated Canadian pharmaceutical company specializing in the development, manufacturing, and commercialization of high-quality sterile ophthalmic pharmaceuticals, as well as natural health products in solid dosage forms. LSL Pharma is based in Boucherville, Quebec.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1