M&A Deal Summary

Ring International Holding AG Acquires Maricann

On April 15, 2020, Ring International Holding AG acquired consumer products company Maricann from Wayland for 12M CAD

Acquisition Highlights
  • This is Ring International Holding AG’s 1st transaction in the Consumer Products sector.
  • This is Ring International Holding AG’s 0th largest (disclosed) transaction.
  • This is Ring International Holding AG’s 1st transaction in Canada.
  • This is Ring International Holding AG’s 1st transaction in Ontario.

M&A Deal Summary
Date 2020-04-15
Target Maricann
Sector Consumer Products
Buyer(s) Ring International Holding AG
Sellers(s) Wayland
Deal Type Divestiture
Deal Value 12M CAD

Target

Maricann

Burlington, Ontario, Canada
Maricann, Inc. is a medicinal cannabis brand that offers dried flower and cannabis oil to medical clients.

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Buyer(S) 1

Buyer

Ring International Holding AG

Wien, Austria
Category Company
Founded 2001
Sector Machinery
DESCRIPTION

Ring International Holding AG is one of the corporate groups in the areas of stationery products and coatings and comprises a total of 64 companies, 21 of which are production facilities.

DEAL STATS #
Overall 3 of 3
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-22 BOA Group

Stutensee, Germany

BOA Group produces and sells metal compensators, metal bellows and flexible metal hoses for the automotive industry, the power-supply industry and the aviation industry as well as for other industrial applications.

Buy -

Seller(S) 1

SELLER

Wayland

Oakville, Ontario, Canada
Category Company
Founded 2013
Sector Agriculture
Employees68
Revenue 3M CAD (2017)
DESCRIPTION

Wayland produces and sells medical and non-medical cannabis for cannabis patients and consumers internationally. Wayland was founded in 2013 and is based in Oakville, Ontario.

DEAL STATS #
Overall 2 of 2
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-23 Wayland Group - International Asset & Licence Portfolio

Burlington, Ontario, Canada

Wayland Group Corp. - International Asset & Licence Portfolio produces and sells medical and non-medical cannabis.

Sell -
Mergr

Product

Company

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