Kirin Holdings Company, Limited
Announcement of contract execution regarding Jamieson Wellness Inc. stock acquisition (full subsidiary)
Signed a contract to acquire 100% of Jamieson Wellness Inc.'s issued shares and pursue full subsidiary status. The total acquisition consideration is approximately CA$1,898 million, with procedures using a POA under Canadian law, subject to shareholder and court approvals, with completion expected in or after Q4 2026.
Key Figures
- Number of acquired shares: 41,490,939 shares
- Acquisition value: CA$1,898 million
- Ownership after acquisition: 100%
AI要約
Key points of the news
Kirin Holdings has signed an Arrangement Agreement to acquire 100% of Jamieson Wellness Inc. and make it a wholly owned subsidiary. The total consideration is about CA$1,898 million, with POA procedures and approvals from shareholders and courts as conditions. Completion is expected in or after Q4 2026.
Outlook and strategy
This matter is part of a strategy to expand the growth platform of the Health Science business into North American markets. By leveraging Jamieson Wellness's brand power, distribution network, and R&D capabilities, and building on foundations in Asia-Pacific, the aim is to scale in North America. After acquisition, opportunities for growth are expected through joint procurement, strengthened product development capabilities, and mutual utilization of sales channels.
Kirin Holdings Company, Limited
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