Updated
Updated · Bloomberg · Jun 24Jamieson Wellness Explores Sale With 2 Banks as Bidders Are Approached
1 articles · Updated · Bloomberg · Jun 24Summary
- Jamieson Wellness has started contacting prospective buyers, including private equity firms and corporate suitors, as it explores a potential sale.
- BMO and Canaccord Genuity are advising the Toronto-based vitamins and supplements maker on the process, according to people familiar with the matter.
- The outreach signals an early-stage effort to test interest in a deal for the Canadian consumer health company.
Insights
With record growth and soaring sales, why is Canada's top vitamin brand suddenly exploring a sale? Could Jamieson’s booming China business be the key to a billion-dollar bidding war for the Canadian brand?