M&A Deal Summary

Salisbury Bank Acquires Canaan National Bancorp

On January 1, 2004, Salisbury Bank acquired financial services company Canaan National Bancorp

Acquisition Highlights
  • This is Salisbury Bank’s 1st transaction in the Financial Services sector.
  • This is Salisbury Bank’s 1st transaction in the United States.
  • This is Salisbury Bank’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2004-01-01
Target Canaan National Bancorp
Sector Financial Services
Buyer(s) Salisbury Bank
Deal Type Add-on Acquisition

Target

Canaan National Bancorp

Canaan, Connecticut, United States
Canaan National Bancorp, Inc.

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Buyer(S) 1

Buyer

Salisbury Bank

Lakeville, Connecticut, United States
Category Company
Founded 1998
Sector Financial Services
Employees174
Revenue 56M USD (2022)
DESCRIPTION

Salisbury Bank is a full-service bank providers financial needs of the people who live and work in our community. Salisbury Bank was founded in 1998 and is based in Lakeville, Connecticut.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1
Mergr

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