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Jamieson Wellness Completes Acquisition of Nutrawise
- Client News
- July 20, 2022
Paul, Weiss advised Toronto-based consumer health brand Jamieson Wellness Inc. in its cash-and-stock acquisition of Nutrawise Health & Beauty Corporation. The transaction was valued at approximately $210 million on closing, and includes 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 U.S. under the youtheory brand.
The Paul, Weiss team included corporate partners Adam Givertz and David Tarr; tax partner David Mayo and counsel Alyssa Wolpin; executive compensation partner Jarrett Hoffman; intellectual property partner Claudine Meredith-Goujon; and antitrust counsel Marta Kelly and Yuni Sobel.