Micron Waste Technologies Acquires Covid Technologies Inc.
May 19, 2020
Micron Waste Technologies Inc. entered into a definitive purchase agreement to acquire all of the shares of Covid Technologies Inc., a Canadian PPE and mask manufacturer. Covid's manufacturing assets and founder Harveer Sidhu will relocate to Micron's Delta, British Columbia facilities, with the PPE line expected to be self-financing while Micron continues R&D on its waste digesters.
- Buyers
- Micron Waste Technologies Inc.
- Targets
- Covid Technologies Inc.
- Sellers
- Shareholders of Covid Technologies Inc.
- Industry
- Medical Devices
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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