Skip to main content

TJP Labs Announces Acquisition of Drug Establishment Licensed Facility from North American Ingredients

Written by Customer Service on . Posted in Mergers And Acquisitions.

PICKERING, Ontario, Sept. 30, 2021 (GLOBE NEWSWIRE) — TJP Labs Inc. (“TJP Labs”), one of North America’s leading full-service contract manufacturers of next-generation nicotine products, announced today that it has, through a wholly owned subsidiary, acquired certain assets of North American Ingredients Inc. (“NAI”), including NAI’s Drug Establishment and cGMP compliant facility. The newly acquired facility is located in Scarborough, Ontario.

The acquisition is in line with TJP Labs’ plan to secure its modern oral nicotine pouch export capabilities and further augment its globally recognized expertise in full-service contract manufacturing in the next-generation nicotine space.

Speaking on the achievement, David Richmond-Peck, CEO of TJP Labs, said:

“We at TJP are incredibly excited at the possibilities this new ownership brings, and I am thrilled to integrate this exciting new team. The acquisition propels our vision to become a global leader in modern oral nicotine pouch manufacturing. In addition, it strengthens our portfolio and further reinforces our export capabilities for modern oral nicotine pouches to service high-volume brands in international markets. TJP Labs is internationally recognized for producing high-quality products. With our intent to achieve a global leadership position within modern oral nicotine, we have found a partner that shares our vision and empowers our global growth momentum.”

About TJP Labs Inc. 
TJP Labs is a leading North American full-service, global contract manufacturer of premium quality next-generation nicotine products, specializing in the manufacture of bulk liquids and in modern oral nicotine pouches. Our products are manufactured and packaged in our full cGMP/HACCP compliant, ISO 9001:2015 certified state-of-the-art facilities.

Contacts

David Richmond-Peck ‒ business@tjplabs.com

Website: www.tjplabs.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.