M&A Deal Summary

Molekule Group Acquires Aura Smart Air

On February 26, 2023, Molekule Group acquired electrical equipment company Aura Smart Air for 10M USD

Acquisition Highlights
  • This is Molekule Group’s 1st transaction in the Electrical Equipment sector.
  • This is Molekule Group’s largest (disclosed) transaction.
  • This is Molekule Group’s 1st transaction in the United States.
  • This is Molekule Group’s 1st transaction in Delaware.

M&A Deal Summary
Date 2023-02-26
Target Aura Smart Air
Sector Electrical Equipment
Buyer(s) Molekule Group
Deal Type Add-on Acquisition
Deal Value 10M USD

Target

Aura Smart Air

Wilmington, Delaware, United States
Aura Smart Air is a provider of smartest data-driven air purification system, its filters and disinfects indoor air through four-stage purification process that captures and kills 99.9% of viruses, bacteria, germs and allergens. Aura Smart Air was founded in 2018 and is based in Wilmington, Delaware.

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Buyer(S) 1

Buyer

Molekule Group

Palm Beach Gardens, Florida, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Molekule Group is providing consumers, business owners and medical professionals with hardware and software solutions to better understand and improve indoor air quality. Molekule Group is based in Palm Beach Gardens, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
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