FitLife Brands Acquires Mimi's Rock Corp.
February 28, 2023
FitLife Brands, Inc. has completed the acquisition of Mimi's Rock Corp. through a statutory plan of arrangement, making Mimi's Rock an indirect wholly owned subsidiary. The transaction expands FitLife's portfolio of dietary supplement and wellness brands and was financed with cash on hand plus proceeds from a $12.5 million term loan.
- Buyers
- FitLife Brands, Inc.
- Targets
- Mimi's Rock Corp.
- Industry
- Consumer Products
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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