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  6. CannaWorx Acquires Dr Denese Skin Care

M&A Deal Summary

CannaWorx Acquires Dr Denese Skin Care

On April 30, 2020, CannaWorx acquired life science company Dr Denese Skin Care

Acquisition Highlights
  • This is CannaWorx’s 1st transaction in the Life Science sector.
  • This is CannaWorx’s 1st transaction in the United States.
  • This is CannaWorx’s 1st transaction in New York.

M&A Deal Summary
Date 2020-04-30
Target Dr Denese Skin Care
Sector Life Science
Buyer(s) CannaWorx
Deal Type Add-on Acquisition

Target

Dr Denese Skin Care

New York, New York, United States
SkinScience Labs, Inc., the parent company of the award-winning Dr. Denese skin care and anti-aging product lines. Dr. Denese developed a skincare line named Dr. Denese SkinScience in 2003 to share her research with her patients. Dr. Denese’s products contain the best and most advanced scientific formulas in the highest possible percentages, delivering breakthrough anti-aging prescriptions with cutting edge ingredients such as Stem Cell Bio-Technology, Pro Peptide Factor™ which is a combo of multiple peptides in very high percentages, Pro Melanin Factor™ which is a unique self-adjusting color for her tinted moisturizer that matches nearly any skin color, Triple Acid Technology for deep, professional-grade exfoliation for glowing skin, Actizone Firming Factor™ plus classics such as retinol and glycolic acid.

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Buyer(S) 1

Buyer

CannaWorx

Ridgefield, New Jersey, United States
Category Company
Founded 2019
Sector Life Science
DESCRIPTION

CannaWorx, Inc. has developed an extensive portfolio of consumer products, which include FDA cleared, patented/ patent pending diverse products that capitalize on disruptive delivery systems in the areas of pain relief, pharmaceuticals, skincare, nutraceuticals, and agricultural/veterinary products.

DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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