M&A Deal Summary

Hospeco Brands Group Acquires Innocore

On February 24, 2023, Hospeco Brands Group acquired consumer products company Innocore

Acquisition Highlights
  • This is Hospeco Brands Group’s 1st transaction in the Consumer Products sector.
  • This is Hospeco Brands Group’s 1st transaction in Canada.
  • This is Hospeco Brands Group’s 1st transaction in Ontario.

M&A Deal Summary

Date 2023-02-24
Target Innocore
Sector Consumer Products
Buyer(s) Hospeco Brands Group
Deal Type Add-on Acquisition

Target

Innocore

Woodstock, Ontario, Canada
Innocore is a Canadian sales and manufacturing company that delivers high-quality products to the away-from-home market. The company is a maker of Touch Point and Certainty Brands premoistened, non-woven, surface and personal wipes, and other hand care products. Its cGMP manufacturing facility produces Health Canada, EPA, and FDA-registered wipe products. Innocore was formed in 2001 and is based in Woodstock, Ontario.

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Buyer(S) 1

Buyer

Hospeco Brands Group

Cleveland, Ohio, United States

Category Company
Sector Manufacturing
DESCRIPTION

Hospeco Brands Group is a full-line manufacturer of cleaning and protection products to serve the janitorial, industrial supply, food service, healthcare, and hospitality markets. The company comprises Acute Care Pharmaceutical, Adenna, HOSPECO, Nilodor, High-Tech Conversions, and other popular brands, make products that protect, sanitize, clean, and provide care and comfort to millions around the globe. Solutions for and barriers against germs, bacteria, and harmful substances are vital weapons in the battle for public health and safety. Its products make workplaces, businesses, schools, and other public facilities safer and more comfortable through categories such as personal protective equipment (PPE), cleaning equipment and supplies, facility and floor care, odor control, restroom comfort, and menstrual care. Hospeco Brands Group is based in Cleveland, Ohio.


DEAL STATS #
Overall 1 of 3
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-25 Nuance Solutions

Burlington, Massachusetts, United States

Nuance Solutions is a provider of speech and imaging solutions for businesses and consumers around the world. Nuance technologies, applications and services enable users calling directory assistance, getting account information, dictating patient records, telling a navigation system their destination, or digitally reproducing documents that can be shared and searched. Nuance Solutions was formed in 1992 and is based in Burlington, Massachusetts.

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