Add-on Acquisition • E-Commerce

CBD Acquires CBD Welt 24 GMBH

On May 6, 2020, CBD acquired e-commerce company CBD Welt 24 GMBH

Acquisition Context
  • This is CBD’s 1st transaction in the E-Commerce sector.
  • This is CBD’s 1st transaction in Germany.

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M&A Deal Summary

Date May 6, 2020
Target CBD Welt 24 GMBH
Sector E-Commerce
Buyer(s) CBD
Deal Type Add-on Acquisition

Target Company

CBD Welt 24 GMBH

Berlin, Germany
CBD Welt 24 GMBH is an online shop for cannabidiol products focused on providing fast shipping, easy payment, high-quality products, and personal attention.
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Buyer Overview 1

Buyer

CBD

Centennial, Colorado, United States

Category Company
Sector Consumer Products
DESCRIPTION

CBD is a full-line CBD and Hemp oil products company (“CBDD”) that produces and sells black pearl CBD and hemp products and the owner of CBD Social Network. CBD is based in Centennial, Colorado.


Deal Context for Buyer #
Overall 1 of 3
Sector: E-Commerce 1 of 1
Type: Add-on Acquisition 1 of 3
Country: Germany 1 of 1
Year: 2020 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-18 Royal Green CBD

St. Gallen, Switzerland

Royal Green CBD is focused on growing and selling organic products that are obtained from strictly controlled processes. Royal Green was based in St. Gallen, Switzerland.

Buy -