Prime Drink Group Acquires Triani Canada Inc.
May 8, 2024
Prime Drink Group Corp. (CSE: PRME) announced a definitive agreement to acquire all issued and outstanding shares of Triani Canada Inc., a Québec-based beverage producer and bottler with unaudited 2023 sales of approximately CAD 28 million. The transaction (originally announced via a letter of intent) is being funded in part through a non‑brokered private placement of subscription receipts and requires shareholder and regulatory approvals.
- Buyers
- Prime Drink Group Corp.
- Targets
- Triani Canada Inc.
- Sellers
- 9296-0186 Québec Inc., Angelpart Ventures Inc.
- Industry
- Food & Beverage
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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