M&A Deal Summary

MediPharm Labs Acquires VIVO Cannabis

On December 22, 2022, MediPharm Labs acquired medical products company VIVO Cannabis

Acquisition Highlights
  • This is MediPharm Labs’ 1st transaction in the Medical Products sector.
  • This is MediPharm Labs’ 2nd transaction in Canada.
  • This is MediPharm Labs’ 1st transaction in Ontario.

M&A Deal Summary
Date 2022-12-22
Target VIVO Cannabis
Sector Medical Products
Buyer(s) MediPharm Labs
Deal Type Add-on Acquisition
Advisor(s) Stoic Advisory, Inc.
ATB Capital Markets (Financial)
Bennett Jones (Legal)

Target

VIVO Cannabis

Napanee, Ontario, Canada
VIVO Cannabis provides trusted, quality medical cannabis products and services. VIVO holds production and sales licences from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO Cannabis is based in Napanee, Ontario.

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Buyer(S) 1

Buyer

MediPharm Labs

Barrie, Ontario, Canada
Category Company
Founded 2015
Sector Life Science
Employees166
Revenue 33M CAD (2023)
DESCRIPTION

MediPharm Labs is specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products utilizing a Good Manufacturing Practices certified facility with ISO standard-built clean rooms. MediPharm Labs was incorporated in 2015 and is based in Barrie, Ontario.

DEAL STATS #
Overall 2 of 2
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-22 Shelter Cannabis

Macklin, Saskatchewan, Canada

Shelter Cannabis is a provides processing, packaging, and branding of cannabis products. Shelter Brands is a consumer-focused brand and packaging development company offering quality cannabis pre-rolls and vape pens under brand names such as Wildlife, Journey, Botany, and Wayfarer. Shelter Cannabis is based in Macklin, Saskatchewan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-17 MediPharm Labs - Napanee Facility

Barrie, Ontario, Canada

MediPharm Labs' Napanee Facility support's FDA registration process for a novel topical chronic wound treatment. MediPharm Labs' Napanee Facility is based in Barrie, Ontario.

Sell $6M
Mergr

Product

Company

Legal