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Marine Biologics, the leading macroalgae innovator, announced the acquisition of Spoitz Enterprises, Canada’s foremost macroalgae biochemical engineering firm specializing in post-harvest technology and compositional data analysis. The terms of the deal were not disclosed.
Fasken advised Marine Biologics with a team including Mike Stephens and Brandon Deans.
Parties
Company
Marine Biologics
Company
Spoitz Enterprises
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
03 December 2024