Deal Snapshot
PURA CLOSES ACQUISITION OF CBD PET PRODUCTS
Friday 28 February 2020

US cannabis beverage brands company Puration, Inc. (OTC: PURA) has reported the acquisition of a CBD infused products operation and announced a second acquisition of a CBD-infused confections operation, is underway, the company said.

The acquisitions were funded by a recent USD 5m investment, structured as a debt facility whereby funds can be drawn as needed to fund acquisitions. 


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Details
Date Published: 28/02/2020
Target: CBD infused products operation, CBD-infused confections operation
Country: USA
Deal Size: 5m (USD)
Sector: Consumer Products
Type: LBO
Financing: Cash
Status: Closed
Vendor:
Buyer: Puration, Inc
Comment:


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