Acquiring Company
Malar Group
Acquired Company
Velora
TorontoOntarioAngel InvestmentManufacturingHealth CareDescription
Malar Group has acquired Ecoideas, which will now operate under the name Velora Inc. The acquisition involves relocating operations to Aurora, Ontario, into a new facility. This move is aimed at enhancing integration post-acquisition and establishing a new growth phase for Velora.
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Based on deal dataFrequently asked
Who acquired Velora?
Velora was acquired by Malar Group, based in Toronto. The deal was reported on August 15, 2026. Malar Group is an investment firm focused on acquiring and developing assets in media and technology. The firm is led by founder and CEO Sayan Navaratnam. Malar Group is privately held and operates in Angel Investment.
When did Malar Group acquire Velora?
Malar Group's acquisition of Velora was reported on August 15, 2026. Malar Group has acquired Ecoideas, which will now operate under the name Velora Inc. The acquisition involves relocating operations to Aurora, Ontario, into a new facility. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Velora do?
Velora Inc., formerly known as Ecoideas, is a manufacturer of natural health products. The company specializes in creating and distributing healthy lifestyle products, emphasizing sustainability and quality. It is privately held, operating in Manufacturing, and is based in Ontario.