M&A Deal Summary

Aurora Acquires Farmacias Magistrales S.A.

On December 10, 2018, Aurora acquired distribution company Farmacias Magistrales S.A.

Acquisition Highlights
  • This is Aurora’s 1st transaction in the Distribution sector.
  • This is Aurora’s 1st transaction in Mexico.

M&A Deal Summary

Date 2018-12-10
Target Farmacias Magistrales S.A.
Sector Distribution
Buyer(s) Aurora
Deal Type Add-on Acquisition

Target

Farmacias Magistrales S.A.

Mexico
Farmacias Magistrales S.A. is an importer of raw materials containing THC, the active ingredient in marijuana. It will distribute medical cannabis products containing over 1 percent THC, apparently through health care professionals.

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Buyer(S) 1

Buyer

Aurora

Edmonton, Alberta, Canada

Category Company
Founded 2013
Sector Life Science
Employees1,073
Revenue 343M CAD (2025)
DESCRIPTION

Aurora is a producer of artisanal medical marijuana pursuant to the Marihuana for Medical Purposes Regulations. Aurora was founded in 2013 and is based in Edmonton, Alberta.


DEAL STATS #
Overall 8 of 13
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 12
Country: Mexico M&A 1 of 1
Year: 2018 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-14 MedReleaf

Markham, Ontario, Canada

MedReleaf Corp. is an R&D-driven company provides cannabis. Sourced from around the world and carefully cultivated in one of two state of the art ICH-GMP and ISO 9001 certified facilities in Ontario, the Company delivers a variety of premium products for the global medical market and is committed to serving the therapeutic needs of its medical patients and providing a compelling product assortment for the adult-use recreational consumer.

Buy CA$3.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-04 Medical Marijuana

Whistler, British Columbia, Canada

Medical Marijuana Corp. growing legal medical cannabis with the approval of Health Canada. We have always believed our medication should be organic, and since sowing our first seeds have been growing our plants naturally. Without giving too much away, our process is truly a labour of love. From cutting through to drying, each plant is individually watered, pruned and trimmed by BC’s finest hands to ensure consistency and quality.

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