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  6. Ring International Acquires Maricann

M&A Deal Summary

Ring International Acquires Maricann

On April 15, 2020, Ring International acquired consumer products company Maricann from Wayland for 12M CAD

Acquisition Highlights
  • This is Ring International’s 1st transaction in the Consumer Products sector.
  • This is Ring International’s 0th largest (disclosed) transaction.
  • This is Ring International’s 1st transaction in Canada.
  • This is Ring International’s 1st transaction in Ontario.
Investment Fate
  • Maricann was divested to a consortium of strategic buyers in 2025.

M&A Deal Summary
Date 2020-04-15
Target Maricann
Sector Consumer Products
Buyer(s) Ring International
Sellers(s) Wayland
Deal Type Divestiture
Deal Value 12M CAD

Target

Maricann

Burlington, Ontario, Canada
Marican is a medicinal cannabis brand that offers dried flower and cannabis oil to medical clients. Marican is based in Burlington, Ontario.

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Buyer(S) 1

Buyer

Ring International

Vienna, Austria
Category Company
Founded 2001
Sector Machinery
DESCRIPTION

Ring International is one of the corporate groups in the areas of stationery products and coatings and comprises a total of 64 companies, 21 of which are production facilities. Ring International was founded in 2001 and is based in Vienna, Austria.

DEAL STATS #
Overall 3 of 3
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-22 BOA Group

Stutensee, Germany

BOA Group produces and sells metal compensators, metal bellows and flexible metal hoses for the automotive industry, the power-supply industry and the aviation industry as well as for other industrial applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-01 Maricann

Burlington, Ontario, Canada

Marican is a medicinal cannabis brand that offers dried flower and cannabis oil to medical clients. Marican is based in Burlington, Ontario.

Sell -

Seller(S) 1

SELLER

Wayland

Oakville, Ontario, Canada
Category Company
Founded 2013
Sector Agriculture
Employees68
Revenue 3M CAD (2017)
DESCRIPTION

Wayland produces and sells medical and non-medical cannabis for cannabis patients and consumers internationally. Wayland was founded in 2013 and is based in Oakville, Ontario.

DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-23 Wayland Group - International Asset & Licence Portfolio

Burlington, Ontario, Canada

Wayland Group Corp. - International Asset & Licence Portfolio produces and sells medical and non-medical cannabis.

Sell -
Mergr

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