Acquiring Company
Cronos Group
Acquired Company
CanAdelaar B.V
Toronto
NetherlandsManufacturingBiotechnologyCannabisAgriculture and FarmingCannabisDescription
Cronos Group completed its acquisition of CanAdelaar on October 15, 2026, for a base price of EUR 57.5 million plus cash earnout payments tied to 2026 and 2027 normalized EBITDA. The deal gives Cronos a platform in the Netherlands' regulated adult-use cannabis pilot program. The purchase price represented 1.4 times annualized first-half 2026 revenue and 2.9 times annualized adjusted EBITDA.
Who to call at Cronos Group, and when
When Cronos Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired CanAdelaar B.V?
CanAdelaar B.V was acquired by Cronos Group, based in Toronto. The deal was reported on October 15, 2026. Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology and product development. Cronos Group is publicly traded (CRON) and operates in Manufacturing.
When did Cronos Group acquire CanAdelaar B.V?
Cronos Group's acquisition of CanAdelaar B.V was reported on October 15, 2026. Cronos Group completed its acquisition of CanAdelaar on October 15, 2026, for a base price of EUR 57.5 million plus cash earnout payments tied to 2026 and 2027 normalized EBITDA. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CanAdelaar B.V do?
CanAdelaar B.V. is a private company engaged in the cultivation of cannabis. It is one of ten licensed growers participating in the Dutch Controlled Cannabis Supply Chain Experiment aimed at researching and regulating cannabis production. It is privately held, operating in Agriculture and Farming, and is based in Netherlands.
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