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Apotex Branches Out Into Natural Health With CanPrev Takeover

20-Year Old Business Has Almost 450 Products, Sold In 3,400 Locations

 
• By Dean Rudge

Canada’s largest generics manufacturer Apotex will look to expand its channels to include health food stores, new professional channels including naturopathic doctors, and grocery retail channels, after acquiring Ontario-based natural health firm CanPrev for an undisclosed sum.

Building Growth Through Acquisitions
• Source: Shutterstock

Apotex has further diversified its offerings by acquiring CanPrev, a Canadian provider of vitamins, supplements, and other natural health products, in a deal that the firm says introduces it into the “strategically attractive and growing Canadian health and wellness sector.”

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