Under assessment · Notification · Phase 1 · day 5, due 26 Nov 2026
Kirin Holdings Company, Limited proposes to acquire 100% of Jamieson Wellness Inc.'s share capital. This share acquisition unites Kirin, a global beverage and natural health products company (owner of Blackmores), with Jamieson, a manufacturer and supplier of vitamins and dietary supplements, whose products are supplied in Australia.
Pursuant to an Arrangement Agreement dated 6 August 2026 ( Arrangement Agreement ), Kirin Holdings Company, Limited proposes to acquire 100% of the issued and outstanding share capital in Jamieson Wellness Inc. ( Jamieson ) (the Acquisition ). The Acquisition will occur by way of an arrangement under section 182 of the Ontario Business Corporations Act. Kirin Holdings Company ( Kirin ) is a company incorporated in Japan which engages in the manufacture and sale of alcoholic and non-alcoholic beverages, pharmaceutical products and natural health products worldwide through various global brands. In Australia, Kirin is primarily active in alcoholic beverages through its 100% ownership of LION PTY LTD and in natural health products through its 100% ownership of Blackmores Ltd ( Blackmores ), an Australian manufacturer and distributor of vitamins and dietary supplements (also known as VDS ). Jamieson is headquartered in Toronto, Canada and listed on the Toronto Stock Exchange (TSX:JWEL). Jamieson is active in the manufacturing and supply of vitamins and dietary supplements, including vitamins, minerals, supplements, dietary supplements, herbal remedies, probiotics, sports nutrition products, and over-the-counter remedies. It has global sales and its products are supplied in Australia under the brand names Jamieson and Youtheory. The Acquisition has a global focus as Jamieson’s products are manufactured overseas for overseas markets. Jamieson’s primary business is concentrated in Canada, the United States, and China, but a very small volume of products of the target are supplied into Australia through Jamieson’s global relationship with one customer, Costco. The completion of the Acquisition is subject to shareholder approval as well as court and regulatory approvals and clearances and other customary closing conditions. Upon completion of the Acquisition, Jamieson will transition to private ownership and will be solely controlled by Kirin.