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New Deal


Announced

Completed

Curaleaf Holdings completed the acquisition of Northern Green Canada.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pharmaceuticals

Majority

cannabis producer

cannabis farming

Acquisition

Cross Border

Canada

Private

Friendly

Single Bidder

Completed

Synopsis

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Curaleaf Holdings, a provider of consumer cannabis products, completed the acquisition of Northern Green Canada, a vertically integrated Canadian licensed cannabis producer. Financial terms were not disclosed. "We expect the NGC acquisition to be a highly accretive deal that marks Curaleaf's first step into the Australasian markets, creating a true global cannabis company with global brands. It allows Curaleaf to safeguard our position in Europe, enhancing our supply chain while increasing our margins. The opportunity in Germany alone cannot be understated, and we continue to prepare strategically for that moment and beyond. We are committed to delivering the highest quality flower in every market we operate, and we are thrilled to welcome the NGC team to the Curaleaf International family," Boris Jordan, Curaleaf Chairman.

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