Daily News for Dealmakers
Canadian cannabis company Canopy Growth on Wednesday announced a plan to acquire California-based Jetty Extracts. The deal will take effect once the U.S. government legalizes cannabis or earlier at Canopy’s election. Jetty is a top 10 brand in California and a top-five brand in the vape categories, based on industry tracker BDSA data.
Strategic Shift: Planet Fitness' decision not to acquire Blink Holdings marks a significant strategic shift in the fitness industry's M&A landscape. Competitive Dynamics: Pure Gym's $121 million...
Strategic Positioning: 7-Eleven's potential acquisition by Alimentation Couche-Tard for up to $47 billion highlights the intense competition and consolidation in the convenience store market....
Strategic Shift: Avantor resumes M&A activity after a brief hiatus, signaling a strategic shift to optimize portfolio and sharpen focus on high-growth life sciences areas. Historical Context:...
Strategic Rationale: The Tempur Sealy-Mattress Firm merger aims to create a vertically integrated retail model, leveraging Tempur Sealy's manufacturing capabilities and Mattress Firm's retail...