Acquiring Company
TopGum Ltd
Acquired Company
ParamItBe
Description
Functional gummy supplement manufacturer TopGum Industries, Ltd., announces the signing of an agreement to purchase PharmItBe, Ltd. and names Dr. Evgenia Lozinsky, former CEO of PharmItBe as TopGum's head of R&D. TopGum will use PharmItBe's fully equipped, FDA certified laboratory to access comprehensive chemical-analytical services. This will ensure strict quality standards are maintained, even while condensing lead-time for the supply chain process. In addition, PharmItBe's R&D capabilities will accelerate TopGum's pharma-grade gummies development for a new facility. The plant, supported by a US$40 million investment, is scheduled to be operational by the end of this year.
Quick answer
TopGum Ltd is acquiring ParamItBe, announced April 20, 2023.
- How much did TopGum Ltd pay for ParamItBe?
- The deal value was not disclosed.
- What does TopGum Ltd do?
- TopGum Industries, Ltd. is a global leader in the gummy supplement industry.
Source: Fundz verified event record.
Other recent acquisitions in Food And Beverage and Dietary Supplements
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Awh Closes Acquisition Of Four Maryland Dispensaries (April 28, 2023)
- Love.Life Acquires Telemedicine Platform Plant Based Telehealth Inc. (March 21, 2023)
- Abiogen Pharma Completes The Acquisition Of Effrx (May 29, 2023)
- Medtronic To Acquire Wearable Insulin Patch Maker Eoflow (May 25, 2023)
- Hyperion Materials & Technologies To Acquire Dura-Metal Products Corporation (May 18, 2023)
- Waters Corporation Completes Acquisition Of Light Scattering Leader Wyatt Technology (May 16, 2023)
Who to call at TopGum Ltd, and when
When TopGum Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day TopGum Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TopGum Ltd, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at TopGum Ltd. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment TopGum Ltd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired ParamItBe?
ParamItBe was acquired by TopGum Ltd. The deal was reported on April 20, 2023. TopGum Industries, Ltd. is a global leader in the gummy supplement industry. The company ideates, produces, and delivers a comprehensive range of supplements, including nutraceuticals and probiotics. TopGum Ltd is privately held and operates in Manufacturing.
When did TopGum Ltd acquire ParamItBe?
TopGum Ltd's acquisition of ParamItBe was reported on April 20, 2023. Functional gummy supplement manufacturer TopGum Industries, Ltd., announces the signing of an agreement to purchase PharmItBe, Ltd. and names Dr. Evgenia Lozinsky, former CEO of PharmItBe as TopGum's head of R&D. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ParamItBe do?
ParamItBe is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.