M&A Deal Summary

Pelican International Acquires Advanced Elements

On June 14, 2021, Pelican International acquired consumer products company Advanced Elements

Acquisition Highlights
  • This is Pelican International’s 2nd transaction in the Consumer Products sector.
  • This is Pelican International’s 2nd transaction in the United States.
  • This is Pelican International’s 1st transaction in California.

M&A Deal Summary

Date 2021-06-14
Target Advanced Elements
Sector Consumer Products
Buyer(s) Pelican International
Deal Type Add-on Acquisition
Advisor(s) Tonkon Torp (Legal)

Target

Advanced Elements

Concord, California, United States
Advanced Elements develops new and unique paddle sports products that enhance customers’ outdoor experience. Advanced Elements focus is on designing and manufacturing inflatable kayaks with cutting-edge technology and providing customer service. Advanced Elements is based in Concord, California.

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Buyer(S) 1

Buyer

Pelican International

Paul-Kane Laval, Quebec, Canada

Category Company
Founded 1994
Sector Consumer Products
Employees250
DESCRIPTION

Pelican International, Inc. is a designer and manufacturer of kayaks, stand-up paddleboards, canoes, pedal boats, and fishing boats. Pelican International was founded in 1994 and is based in Paul-Kane Laval, Quebec.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-16 Confluence Outdoor

Greenville, South Carolina, United States

Confluence Outdoor designs, manufactures, and markets kayaks, canoes, and paddlesports accessories. Confluence Outdoor is the result of the blending of eight unique watersports brands: Wilderness Systems, Perception, Dagger, and Wave Sport kayaks, Mad River Canoe, Adventure Technology paddles, Bomber Gear and Harmony accessories. Confluence Outdoor was founded in 1971 and is based in Greenville, South Carolina.

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