M&A Deal Summary

PuraPharm Acquires K An Herb

On March 6, 2017, PuraPharm acquired life science company K An Herb for 5M USD

Acquisition Highlights
  • This is PuraPharm’s 1st transaction in the Life Science sector.
  • This is PuraPharm’s largest (disclosed) transaction.
  • This is PuraPharm’s 1st transaction in the United States.
  • This is PuraPharm’s 1st transaction in California.

M&A Deal Summary

Date 2017-03-06
Target K An Herb
Sector Life Science
Buyer(s) PuraPharm
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

K An Herb

Santa Cruz, California, United States
website
K'An Herb Co., Inc. is a provider of unmatched herbal products that are safe, pure and effective.

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Buyer(S) 1

Buyer

PuraPharm

Hong Kong, China

website


Category Company
Founded 1998
Sector Life Science
Employees621
Revenue 660M HKD (2021)
DESCRIPTION

PuraPharm is a medicine company specialising in the research and development, production and sale of CCMG products which the Group markets under its "Nong's" brand. PuraPharm was founded in 1998 and is based in Hong Kong, China.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1