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.
Location
Ontario, Canada
Transaction Type
Buyout

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