M&A Deal Summary

PTX Metals Acquires InLove

On June 10, 2019, PTX Metals acquired consumer products company InLove

Acquisition Highlights
  • This is PTX Metals’ 1st transaction in the Consumer Products sector.
  • This is PTX Metals’ 1st transaction in Canada.
  • This is PTX Metals’ 1st transaction in Ontario.

M&A Deal Summary

Date 2019-06-10
Target InLove
Sector Consumer Products
Buyer(s) PTX Metals
Deal Type Add-on Acquisition

Target

InLove

Toronto, Ontario, Canada
InLove is focused on acquiring, developing and marketing cannabis-infused personal and partner use intimacy products. InLove will work exclusively in jurisdictions where such products are permitted by state regulation and exclusively with or through entities which have achieved requisite licensing that's required by applicable regulations, initially targeting Nevada and California markets.

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Buyer(S) 1

Buyer

PTX Metals

Toronto, Ontario, Canada

Category Company
Founded 1998
Sector Metals/Mining
DESCRIPTION

PTX Metals is currently focusing efforts on developing various strategies to capitalize on the lucrative growth of the cannabis sector in North America in the process of the proposed COB. At the same time prior to the implementation of the COB Platinex has been focusing its mining business efforts in assembling a very large property in the Shining Tree gold camp, which has received little modern exploration compared to other gold camps in the Abitibi greenstone Belt. PTX Metals was incorporated in 1998 and is based in Toronto, Ontario.


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: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1