Scandia Inc. Acquires Majority Stake in Xtreme Organics Inc.
June 17, 2021
Scandia Inc. (OTC: SDNI) has acquired a majority equity stake in Xtreme Organics Inc. to expand into the medicinal chemicals and botanical products market, including USDA-certified organic hemp supplements and CBG sports beverages. The acquisition brings Xtreme Organics' product portfolio and athlete-focused partnerships under Scandia's public company platform to support U.S. market growth and future expansion into Canada and Latin America.
- Buyers
- Scandia Inc.
- Targets
- Xtreme Organics Inc.
- Industry
- Food & Beverage
- Location
- United States
- Transaction Type
- Buyout
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