M&A Deal Summary

Boveda Acquires FreshStor

On November 3, 2023, Boveda acquired consumer products company FreshStor

Acquisition Highlights
  • This is Boveda’s 1st transaction in the Consumer Products sector.
  • This is Boveda’s 1st transaction in the United States.
  • This is Boveda’s 1st transaction in California.

M&A Deal Summary
Date 2023-11-03
Target FreshStor
Sector Consumer Products
Buyer(s) Boveda
Deal Type Add-on Acquisition

Target

FreshStor

Temecula, California, United States
FreshStor is a provider of premium stainless steel storage solutions. Their CVault® and EVault™ containers are designed to protect the integrity of cannabis products, preserving their quality and freshness. FreshStor is based in Temecula, California.

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Buyer(S) 1

Buyer

Boveda

Minnetonka, Minnesota, United States
Category Company
Founded 1997
Sector Consumer Products
DESCRIPTION

Boveda engages in 2-way humidity control. The brand’s suite of products preserve moisture-sensitive items including cigars, cannabis, medical devices, guitars, and more. Boveda invented and patented the Original Terpene Shield, which protects dried cannabis in storage, transport and packaging. Boveda was founded in 1997 and is based in Minnetonka, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

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