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  6. Valens GroWorks Acquires Pommies Cider

M&A Deal Summary

Valens GroWorks Acquires Pommies Cider

On November 11, 2019, Valens GroWorks acquired consumer products company Pommies Cider for 8M CAD

Acquisition Highlights
  • This is Valens GroWorks’ 1st transaction in the Consumer Products sector.
  • This is Valens GroWorks’ 0th largest (disclosed) transaction.
  • This is Valens GroWorks’ 1st transaction in Canada.
  • This is Valens GroWorks’ 1st transaction in Ontario.

M&A Deal Summary
Date 2019-11-11
Target Pommies Cider
Sector Consumer Products
Buyer(s) Valens GroWorks
Deal Type Add-on Acquisition
Deal Value 8M CAD

Target

Pommies Cider

Caledon, Ontario, Canada
Southern Cliff Brands, Inc. is a hard cider manufacturer in the Greater Toronto Area and operates a 32,000 sq. ft. the facility currently used to manufacture the company's existing line of Pommies-branded cider. Southern Cliff Brands is based in Caledon, Ontario.

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Buyer(S) 1

Buyer

Valens GroWorks

Kelowna, British Columbia, Canada
Category Company
Sector Consumer Products
Employees25
DESCRIPTION

Valens GroWorks Corp. is a vertically integrated provider of extraction products and services, including a diverse suite of extraction methodologies, next-generation cannabinoid delivery formats and an ISO 17025 accredited analytical lab. Valens GroWorks is based in Kelowna, British Columbia.

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
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