M&A Deal Summary

SNDL Acquires Valens

On January 17, 2023, SNDL acquired consumer products company Valens for 138M USD

Acquisition Highlights
  • This is SNDL’s 1st transaction in the Consumer Products sector.
  • This is SNDL’s largest (disclosed) transaction.
  • This is SNDL’s 1st transaction in Canada.
  • This is SNDL’s 1st transaction in Ontario.

M&A Deal Summary

Date 2023-01-17
Target Valens
Sector Consumer Products
Buyer(s) SNDL
Deal Type Add-on Acquisition
Deal Value 138M USD

Target

Valens

Toronto, Ontario, Canada
Valens is a manufacturer of cannabis products with a mission to bring the benefits of cannabis to the world. Valens provides proprietary cannabis processing services across five core technologies, in addition to best-in-class product development, formulation, and manufacturing of cannabis consumer packaged goods. Valens is based in Kelowna, British Columbia.

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Buyer(S) 1

Buyer

SNDL

Calgary, Alberta, Canada

Category Company
Founded 2006
Sector Retail
Employees2,604
Revenue 920M USD (2024)
DESCRIPTION

SNDL is a liquor and cannabis retailer with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, and Spiritleaf. SNDL was founded in 2006 and is based in Calgary, Alberta.


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: 2023 M&A 1 of 1
Size (of disclosed) 1 of 1