Case Study: Australian Vaporizers to Namaste Technologies Inc

Case Study: Australian Vaporizers to Namaste Technologies Inc

Direct approach from Canadian listed company to the Australian market leader

Location: SE Qld
Targets: 8
Responses: 8

Australian Vaporizers received an approach from Namaste Technologies to acquire their business. Aus Vap’s owner turned to Divest Merge Acquire to advise and assist with the process. A cracker team of lawyers and specialist tax accountants was assembled to prepare for and ensure a smooth and tax effective outcome, including converting the transaction from an asset sale to a share sale.

Both parties were happy with the outcome.

About Australian Vaporizers

Australian Vaporizers is the online expert for aromatherapy products, specialising in vaporizers. With over 8 years’ experience in online retail, Australian Vaporizers are one of the largest suppliers of vaporizers in Australia.

www.australianvaporizers.com.au

About Namaste Technologies Inc

Namaste Technologies Inc. is a global leader in vaporizer product distribution and manufacturing Namaste owns and operates over 30 online retail sites in 20+ countries and is on pace to become the largest e-commerce distributor of vaporizers and accessories globally. The company is also active in the business of product development and manufacturing.

www.namastetechnologies.com

Supertrac did an excellent job assisting me with the sale of my business. They are super responsive and will go the extra mile to get the deal done while also ensuring all parties involved are happy with the outcome. Tony is a highly knowledgeable and skilled negotiator but will always give you straight honest answers. They have access to a superb team of professionals including tax advisers and lawyers which can make all the difference to a successful deal. Highly recommended!

Steve Singler, Australian Vaporizers

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