M&A Deal Summary

Ebottles Acquires Greenlane - packaging line of products

On March 20, 2023, Ebottles acquired packaging company Greenlane - packaging line of products from Greenlane Holdings

Acquisition Highlights
  • This is Ebottles’ 1st transaction in the Packaging sector.
  • This is Ebottles’ 1st transaction in the United States.
  • This is Ebottles’ 1st transaction in Florida.

M&A Deal Summary
Date 2023-03-20
Target Greenlane - packaging line of products
Sector Packaging
Buyer(s) Ebottles
Sellers(s) Greenlane Holdings
Deal Type Divestiture

Target

Greenlane - packaging line of products

Boca Raton, Florida, United States
Greenlane's packaging line of products extensive line of concentrate packaging solutions. Greenlane's packaging line of products is based in Boca Raton, Florida.

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Buyer(S) 1

Buyer

Ebottles

Jupiter, Florida, United States
Category Company
Sector Packaging
DESCRIPTION

Ebottles operate as a designer, developer, marketer, and distributor of proprietary child resistant packaging tailored to the needs of the legal cannabis industry. Ebottles is based in Jupiter, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Packaging) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Greenlane Holdings

Boca Raton, Florida, United States
Category Company
Founded 2005
Sector Consumer Products
Employees250
Revenue 65M USD (2023)
DESCRIPTION

Greenlane Holdings is a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products to smoke shops, dispensaries, and specialty retail stores, as well as direct to consumer through its online e-commerce platform, vapor.com. Greenlane Holdings was founded in 2005 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Packaging) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-19 DaVinci Vaporizer

Las Vegas, Nevada, United States

DaVinci Vaporizer is a developer and manufacturer of premium portable vaporizers through its groundbreaking Clean First™ innovation, which employs medical-grade materials and total quality manufacturing processes to ensure the cleanest technology goes into the development of its products. DaVinci Vaporizer was founded in 2011 and is based in Las Vegas, Nevada.

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