B. Riley Farber is pleased to announce the sale of a controlling shareholding in Envirogard Products (Rainfresh) to Canature NA Inc. The transaction closed and was announced on August 15, 2019.
B. Riley Farber Corporate Finance Inc. acted as exclusive financial advisor for the vendors regarding the acquisition of a controlling shareholding in Envirogard Products Limited by Canature NA, a subsidiary of Canature Health Technology Group Co Ltd (300272.SZ) a public company listed on the Shanghai Stock Exchange.
Envirogard is a leading designer, manufacturer and supplier of water filters, drinking water systems, water conditioners and ultraviolet disinfection systems for use in residential and commercial applications under the brand Rainfresh. Envirogard is Canada’s largest provider of these installed water treatment solutions to the retail market.