M&A Deal Summary

Cronos Group Acquires CanAdelaar

On December 9, 2025, Cronos Group acquired agriculture company CanAdelaar for 67M USD

Acquisition Highlights
  • This is Cronos Group’s 1st transaction in the Agriculture sector.
  • This is Cronos Group’s largest (disclosed) transaction.
  • This is Cronos Group’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2025-12-09
Target CanAdelaar
Sector Agriculture
Buyer(s) Cronos Group
Deal Type Add-on Acquisition
Deal Value 67M USD

Target

CanAdelaar

Hellevoetsluis, Netherlands
CanAdelaar is a cannabis company operating within the Netherlands’ adult-use cannabis pilot program (the “Wietexperiment”). The company operates out of Voorne aan Zee, Netherlands, with a 540,000 square foot facility spanning greenhouse cultivation as well as processing, production, and packaging of all CanAdelaar products. With active sales to nearly all 72 coffee shops within the Wietexperiment, CanAdelaar sells flower, pre-rolls, hash and edibles branded under CanAdelaar Original Grow, or “C.O.G.”

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Buyer(S) 1

Buyer

Cronos Group

Toronto, Ontario, Canada

Category Company
Founded 2012
Sector Consumer Products
Employees459
Revenue 118M USD (2024)
DESCRIPTION

Cronos Group is a diversified and vertically integrated cannabis company with a presence across four continents. Cronos Group was founded in 2012 and is headquartered in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Agriculture M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-04 Medical Marijuana

Whistler, British Columbia, Canada

Medical Marijuana Corp. growing legal medical cannabis with the approval of Health Canada. We have always believed our medication should be organic, and since sowing our first seeds have been growing our plants naturally. Without giving too much away, our process is truly a labour of love. From cutting through to drying, each plant is individually watered, pruned and trimmed by BC’s finest hands to ensure consistency and quality.

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