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Jamieson Wellness to Acquire Nutrawise Health & Beauty
- Client News
- June 1, 2022
Paul, Weiss is advising Toronto-based consumer health brand Jamieson Wellness Inc. in its cash-and-stock acquisition of Nutrawise Health & Beauty Corporation for approximately $210 million on closing, plus up to $200 million of additional consideration contingent on achieving pre-determined growth targets post-closing. The acquisition provides Jamieson with its first platform for growth in the U.S. market. California-based Nutrawise is a leading innovator, manufacturer and marketer of premium supplements in the United States under the youtheory brand. The transaction is expected to close in the third quarter of 2022, subject to regulatory approvals and customary closing conditions.
The Paul, Weiss team includes corporate partners Adam Givertz and Ian Hazlett; tax partner David Mayo and counsel Alyssa Wolpin; executive compensation partner Jarrett Hoffman; intellectual property partner Claudine Meredith-Goujon; and antitrust counsel Marta Kelly.