M80-backed Naturacare group acquires Ambi Pack
Transaction summary
NANTES/BRUSSELS, May 9, 2022 – Backed by M80 since October 2019 (Strapharm), Naturacare, a European producer of food supplements, continues its European buy & build strategy with the acquisition of Ambi Pack in the Netherlands, following the acquisition of Hedelab in 2021 in Belgium. Ambi Pack, based in the Greater Rotterdam Area, is a leading CDMO specialised in food supplements and medical devices. The acquisition allows Naturacare to expand geographically into the Netherlands, Germany and the Nordics, while broadening its product offering with new galenic forms, medical devices and GMP certifications.
The acquisition is the next step in the strategy to become a European, full-service, one-stop-shop CDMO. Ambi Pack offers access to the Dutch, German and Nordic markets and expands the one-stop-shop offering with multiple new innovative galenic forms, segments and allegations. Naturacare is one of the few consolidation platforms for CDMOs in food supplement in Europe.
Official press release: M80
Emendo Capital and Kumulus Partners acted as financial advisers to Naturacare (Strapharm) and M80.
About Naturacare
Naturacare is the established European CDMO group, comprising Strapharm in France, Hedelab in Belgium and Ambi Pack in the Netherlands.
About Strapharm
Founded in 1987, Strapharm is a leading producer of food supplements, based in Nantes (France). Its clients include food supplements brands and specialised retailers in France and abroad. Strapharm's expertise covers a wide range of food and nutritional supplements, from immunity products to sports performance, covering all allegations and dry galenic forms. Strapharm also has expertise in sourcing local, natural and organic ingredients. In October 2019, M80 Capital acquired Strapharm together with its management.
For additional information on Strapharm, visit https://www.strapharm.fr/
About M80
M80 Partners is the management company of M80 Capital, a private equity fund established in November 2018, investing in companies in France, Belgium, the Netherlands and Luxembourg. Founded by Peter Maenhout, the investment team consists of seasoned private equity professionals, but also entrepreneurs, former CEOs, and digital pioneers. The company focuses on growth companies in consumer, healthcare, business services and industry. The M80 team invests in companies it can help grow faster and improve its operations, notably through digital transformation.
For additional information on M80, visit https://m80partners.com/
About Ambi Pack
Founded in 1998, Ambi Pack is a leading CDMO in food supplements in the Netherlands, based in Hendrik-ldo-Ambacht near Rotterdam. Ambi Pack has a leading expertise in food supplements with the medical device certification, as well as in galenic forms such as sachets, sticks, as well as liquid caps. Its client base comprises the leading Dutch food supplement brands and drugstore chains, as well as several German brands. 45% of its products are sold in Germany, which is the second food supplements market in Europe. In April 2022, Naturacare group acquired Ambi Pack together with its management.
For additional information on Ambi Pack, visit https://www.ambipack.com/