M&A Deal Summary

Bevo Farms Acquires Aurora Cannabis - Sun Facility

On July 24, 2023, Bevo Farms acquired consumer products company Aurora Cannabis - Sun Facility from Aurora

Acquisition Highlights
  • This is Bevo Farms’ 1st transaction in the Consumer Products sector.
  • This is Bevo Farms’ 1st transaction in Canada.
  • This is Bevo Farms’ 1st transaction in Alberta.

M&A Deal Summary

Date 2023-07-24
Target Aurora Cannabis - Sun Facility
Sector Consumer Products
Buyer(s) Bevo Farms
Sellers(s) Aurora
Deal Type Divestiture

Target

Aurora Cannabis - Sun Facility

Edmonton, Alberta, Canada
Aurora Cannabis - Sun Facility consists of Medicine Hat, Alberta facility provides cannabis products.

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Buyer(S) 1

Buyer

Bevo Farms

Langley Township, British Columbia, Canada

Category Company
Sector Agriculture
DESCRIPTION

Bevo Farms is a supplier of choice for wholesale vegetable growers and retailers of floral plants. Bevo Farms is based in Langley Township, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Aurora

Edmonton, Alberta, Canada

Category Company
Founded 2013
Sector Life Science
Employees1,073
Revenue 270M CAD (2023)
DESCRIPTION

Aurora is a Canadian company and licensed 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 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-25 Bevo Agtech

Langley, British Columbia, Canada

Bevo Agtech is a provider of propagated agricultural plants, operating approximately 63 acres of greenhouse facilities on 98 acres of land in Langley, BC, 50 acres of land in Aldergrove, BC, and 20 acres of land in Pitt Meadows, BC.

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