Search by
Goodfood Market Corp. acquires a controlling interest in Genuine Tea, a leading third-wave craft tea company.
The founding shareholders of Genuine Tea will continue to lead the company while retaining the remaining shares, with Goodfood holding an option to acquire these shares in the future.
A Fasken team composed of Neil Kravitz, Laura Fabi and Lucas Noradounkian advised Goodfood Market Corp. in this acquisition.
Parties
Company
Goodfood Market Corp.
Company
Genuine Tea
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
14 November 2024