Jamieson Laboratories Ltd. announced that Vauban International Investments ULC and Maginot Corporation, companies wholly owned by Jamieson's Chairman, Eric Margolis, have entered an agreement to sell the company to affiliates of CCMP Capital Advisors, LLC. The deal is expected to close January 31, 2014. Mr. Margolis will remain Chairman of the Jamieson board of directors and act as a consultant.

CEO Vic Neufeld will continue to guide the company, working closely with Doug Cahill, a CCMP Executive Advisor with over 20 years of consumer products experience at Doane Pet Care, Mars Petcare, and Oreck. Upon closing of the transaction, Mr. Cahill will become a consultant to Jamieson and will chair its Executive Committee.