M&A Deal Summary

Incumaker Acquires CEN Biotech

On April 12, 2017, Incumaker acquired life science company CEN Biotech

Acquisition Highlights
  • This is Incumaker’s 1st transaction in the Life Science sector.
  • This is Incumaker’s 1st transaction in Canada.
  • This is Incumaker’s 1st transaction in Ontario.

M&A Deal Summary

Date 2017-04-12
Target CEN Biotech
Sector Life Science
Buyer(s) Incumaker
Deal Type Add-on Acquisition

Target

CEN Biotech

Lakeshore, Ontario, Canada
CEN Biotech, Inc. is a biopharmaceutical company founded to integrate agronomical and pharmaceutical principles for the purposes of growing, selling, processing and delivering pharmaceutical-grade medical marijuana in its pure and extracted form to patients in accordance with Health Canada’s newly-formed Marihuana for Medical Purposes Regulations (MMPR). CEN Biotech was established in 2013 and is based in Lakeshore, Ontario.

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Buyer(S) 1

Buyer

Incumaker

Duluth, Georgia, United States

Category Company
Founded 1981
Sector Financial Services
DESCRIPTION

Incumaker, Inc. is a diversified holding company whose strategic plan is to acquire interests in young businesses, and provide financing, advice and guidance to assist them in realizing their potential.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2017 M&A 1 of 1