# Immunotec Immunotec Inc. is a Canadian direct-selling company founded in 1996 that manufactures and markets nutritional, wellness, and personal-care products, best known for its flagship Immunocal whey-protein isolate. ## Facts - Founded: 1996 - Headquarters: Vaudreuil-Dorion, Quebec, Canada - Category: Nutritional supplements, personal care and wellness products (direct selling) - Ownership: Subsidiary of Immuno Holding S.A. de C.V. (backed by Mexican private-equity firm Nexxus Capital), which took the company private in a 2017 acquisition (0.485 CAD/share, ~25M CAD deal); previously publicly traded on the TSX Venture Exchange under ticker IMM. (IMM) - Key markets: Canada, United States, Mexico - Website: https://www.immunotec.com/ ## Overview Immunotec Inc. is a direct-selling (network marketing) company headquartered in Vaudreuil-Dorion, Quebec, Canada. It was founded in 1996 to commercialize research related to McGill University-affiliated scientists Dr. Gustavo Bounous and Dr. Patricia Kongshavn, whose bioactive whey protein isolate became the company's flagship product, Immunocal (later expanded into Immunocal Platinum). The product catalog has since broadened to include additional nutritional supplements and personal-care items, sold through a network of independent consultants rather than retail channels. The company went public on the TSX Venture Exchange in 2007 under ticker IMM and grew its distributor base across Canada, the United States, and Mexico, with Mexico emerging as a major market (2015 Direct Selling News Global 100 ranking, #97). In March 2017, Immunotec agreed to be taken private through an acquisition by Immuno Holding S.A. de C.V., an entity led by Mauricio Domenzain and backed by the Mexican private equity firm Nexxus Capital, at 0.485 CAD per share (a roughly 23% premium), ending its run as a publicly traded company. It continues to operate as a direct-selling company selling primarily through independent consultants in North America. Canonical: https://plondo.com/business-from-home/companies/immunotec ## Sources - GlobeNewswire - Immunotec Enters Into Agreement to Be Acquired: https://www.globenewswire.com/en/news-release/2017/03/22/1092026/0/en/Immunotec-Enters-Into-Agreement-to-Be-Acquired.html - BusinessForHome.org - Immunotec To Go Private In Acquisition Deal: https://www.businessforhome.org/2017/03/immunotec-to-go-private-in-acquisition-deal/ - Direct Selling News - Immunotec: Growth Driven by Alignment: https://www.directsellingnews.com/immunotec-growth-driven-by-alignment/ - Immunotec official contact page (URL only; content fetch blocked by site's anti-bot protection): https://www.immunotec.com/contact