M&A Deal Summary

Naturally Splendid Enterprises Acquires Wahupta Ventures - Cannabinoid Extraction Equipment

On February 14, 2019, Naturally Splendid Enterprises acquired machinery company Wahupta Ventures - Cannabinoid Extraction Equipment from Wahupta Ventures

Acquisition Highlights
  • This is Naturally Splendid Enterprises’ 1st transaction in the Machinery sector.
  • This is Naturally Splendid Enterprises’ 2nd transaction in Canada.
  • This is Naturally Splendid Enterprises’ 2nd transaction in British Columbia.

M&A Deal Summary

Date 2019-02-14
Target Wahupta Ventures - Cannabinoid Extraction Equipment
Sector Machinery
Buyer(s) Naturally Splendid Enterprises
Sellers(s) Wahupta Ventures
Deal Type Divestiture

Target

Wahupta Ventures - Cannabinoid Extraction Equipment

Vancouver, British Columbia, Canada
Wahupta Ventures, Inc. - Cannabinoid Extraction Equipment is a manufacturer of agricultural equipment.

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Buyer(S) 1

Buyer

Naturally Splendid Enterprises

Pitt Meadows, British Columbia, Canada

Category Company
Founded 2010
Sector Food
Revenue 1M CAD (2021)
DESCRIPTION

Naturally Splendid Enterprises is a biotechnology and consumer products company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications. Naturally Splendid Enterprises was founded in 2010 and is based in Pitt Meadows, Canada.


DEAL STATS #
Overall 2 of 2
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 2 of 2
Country (Canada) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-11 Prosnack Natural Foods

North Vancouver, British Columbia, Canada

Prosnack Natural Foods, Inc. is a provider of all natural protein energy bars. Prosnack Natural Foods is based in North Vancouver, British Columbia.

Buy -

Seller(S) 1

SELLER

Wahupta Ventures

Vancouver, British Columbia, Canada

Category Company
Sector Agriculture
DESCRIPTION

Wahupta Ventures, Inc. is focused on the production and processing of hemp and creating key collaboration with sovereign Indigenous communities throughout North America. Wahupta Ventures is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1