Add-on Acquisition • Medical Products

Canopy Growth Acquires Storz & Bickel & Co. KG

On December 6, 2018, Canopy Growth acquired medical products company Storz & Bickel & Co. KG for 145M EUR

Acquisition Context
  • This is Canopy Growth’s 3rd transaction in the Medical Products sector.
  • This is Canopy Growth’s 5th largest (disclosed) transaction.
  • This is Canopy Growth’s 1st transaction in Germany.

Explore All 2731 Add-on Acquisition Medical Products Deals - Search the Database Free


M&A Deal Summary

Date December 6, 2018
Target Storz & Bickel & Co. KG
Sector Medical Products
Buyer(s) Canopy Growth
Deal Type Add-on Acquisition
Deal Value 145M EUR

Target Company

Storz & Bickel & Co. KG

Tuttlingen, Germany
Storz & Bickel GmbH & Co. KG is a designer and manufacturer of medically approved vaporizers, most notably the Volcano® Medic and the Mighty® Medic. Storz & Bickel GmbH & Co. KG was founded in 1996 and is based in Tuttlingen, Germany.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Canopy Growth

Smiths Falls, Ontario, Canada

Category Company
Founded 2009
Sector Medical Products
Employees960
Revenue 269M CAD (2025)
DESCRIPTION

Canopy Growth is a diversified cannabis company, offering distinct brands and curated cannabis varieties in dried, oil and capsule forms. Through its wholly-owned subsidiaries, Canopy Growth operates numerous state-of-the-art production facilities with over half a million square feet of GMP-certified indoor and greenhouse production capacity, all to an unparalleled level of quality assurance procedures and testing. Canopy Growth has established partnerships with leading sector names in Canada and abroad, with interests and operations spanning four continents. The Company is proudly dedicated to educating healthcare practitioners, providing consistent access to high quality cannabis products, conducting robust clinical research, and furthering the public's understanding of cannabis. Canopy Growth was founded in 2009 and is based in Smiths Falls, Ontario.


Deal Context for Buyer #
Overall 4 of 15
Sector: Medical Products 3 of 3
Type: Add-on Acquisition 3 of 13
Country: Germany 1 of 2
Year: 2018 4 of 4
Size (of disclosed) 5 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-15 ebbu

Evergreen, Colorado, United States

ebbu, Inc. is a designer cannabis-based medicine and mainstreaming adult-use cannabis, powering infused products and disrupting technology through a patented, lab-tested and science-based platform. ebbu was founded in 2013 and is based in Evergreen, Colorado.

Buy CA$25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-21 AgriNextUSA

United States

AgriNextUSA is a hemp company produces hemp crops and connecting them with researchers and entrepreneurs that can turn hemp into new and innovative products.

Buy -