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  6. Geyser Brands Acquires Solace Management Group

M&A Deal Summary

Geyser Brands Acquires Solace Management Group

On February 11, 2019, Geyser Brands acquired consumer products company Solace Management Group

Acquisition Highlights
  • This is Geyser Brands’ 1st transaction in the Consumer Products sector.
  • This is Geyser Brands’ 1st transaction in Canada.
  • This is Geyser Brands’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-02-11
Target Solace Management Group
Sector Consumer Products
Buyer(s) Geyser Brands
Deal Type Add-on Acquisition

Target

Solace Management Group

British Columbia, Canada
Solace's business consists of leveraging its brands, intellectual property, proprietary formulations in the hemp and cannabis markets by licensing distribution and production arrangements. Solace distributes its products in Canada through over 3,000 stores including Bosleys, PetLand, Pharmasave, Bukerfields, Master-Feeds, Global Pet Foods, Shoppers Drug Mart, Woofies, PetValue, Pet Planet & Bone & Biscuit. International distribution extends to the UK, Caribbean Islands, Austria, Belgium, Netherlands, Italy, Spain and the USA.

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Buyer(S) 1

Buyer

Geyser Brands

Vancouver, British Columbia, Canada
Category Company
Sector Consumer Products
DESCRIPTION

Geyser Brands, Inc. supports healthy active lifestyles by planning to deliver innovative cannabis, hemp, THC, and CBD infused consumer packaged goods in the nutraceutical, cosmetics, food, beverage, and pet sectors.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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