Kirin to buy Canada's Jamieson Wellness in C$2.5B deal
What's the deal? Japan's Kirin HoldingsDealroom has a profile for this one. Try Dealroom → has agreed to acquire Jamieson WellnessDealroom has a profile for this one. Try Dealroom →, the maker of Canada's top-selling vitamins, minerals, and supplements brand, for C$45.75 per share in cash. The all-cash deal values the Toronto-listed company at roughly C$2.0 billion in fully diluted equity and about C$2.5 billion on an enterprise value basis.
What are the terms? The price represents a 27% premium to the 20-day volume-weighted average price and a 32% premium to the 60-day figure, measured to June 24, 2026 — the last trading day before reports of a potential deal surfaced. Every director and senior officer has signed voting support agreements.
Why now? KirinDealroom has a profile for this one. Try Dealroom →, a C$22 billion global player in beverage, natural health, and consumer health, gets a 104-year-old Canadian brand and a foothold to expand it globally. For Jamieson shareholders, the cash offer delivers immediate liquidity and certainty of value.
What's the endgame? Kirin has committed to investing in Jamieson's brands and preserving its Canadian heritage, according to the company. Chief executive officer Mike Pilato framed the deal as "an exciting new chapter for our Company and for our iconic 104-year-old brand."
Who backs it? Jamieson's board unanimously approved the transaction after a unanimous recommendation from a special committee of independent directors. Chair Tim Penner said the board "unanimously concluded that it represents the best path forward for our Company and our shareholders."
The signal: The deal marks another cross-border move by a large Asian consumer group into the health and wellness space, folding a century-old national brand into a global platform chasing growth in supplements.
Image credit: Jamieson Wellness
Read more: Canada Newswire
