Date closed: 5/15/2015

Value: Undisclosed

On May 15, 2015, Nature's Way of Canada Limited (Nature's Way) completed the purchase of all the general health products business of Ascenta Health Limited (Ascenta). Headquartered in Dartmouth, Nova Scotia, Canada, Ascenta is a leading manufacturer of natural health products that develops, produces and markets omega-3 supplements for human and animal health. Its human products under the NutraSea and NutraVege brans have a dominant position in the Canadian Market with a  rapidly growing profile. Most recently, Ascenta launched Spark, an Omega-3 supplement developed to promote brain function, memory and focus.

A pioneer in herbal supplements, Nature's Way® is one of the most recognized and trusted consumer brands of dietary supplements. Nature's Way is known for its expansive line of whole herbs, standardized extracts, vitamins & minerals, and homeopathic remedies. As a division of Nature's Way, Ascenta's general health business operations and employees will continue in Dartmouth, Nova Scotia.

BLG represented Nature's Way with a team led by Douglas Copland (Corporate, M&A) and included Andrew Loh (Health and Regulatory), Anne Lau (IP), Cassandra Florio (Corporate, M&A), and Julie Bogle (Corporate).