Acquisition of Nutraskills by Biofarma Group

DATE
September 2022

TRANSACTION TYPE

Strategic acquisition

VALUE
Undisclosed

SECTOR
Consumer Health

Spayne Lindsay is delighted to announce that it has advised Biofarma Group, the leading Italian-based nutraceutical CDMO, on the acquisition of The Nutra Skills Labaratory, a French expert in the development, manufacture and packing of food supplements.

Nutraskills is comprised of two complementary companies: Laboratoire Pierre Caron, specializing in the development, production and packaging of food supplements; and Codilab, the key manufacturer of dry food supplements. It was founded in 2002, with two sites based in Sérente & L’Herbergement, France. Currently standing at a revenue of €20m & with innovation at its forefront, the leading company holds a significant space in the French nutraceuticals CDMO market.

Biofarma Group’s acquisiton of Nutraskills will provide a mutually beneficial co-operation, boosting its growth and innovation by providing Nutraskills’ customers with direct access to a wide portfolio of differentiated products.

Louis Joffrault, Managing Director of Nutraskills, added: “Biofarma is the ideal partner for Nutraskills, with an unrivalled product portfolio, and impressive technological capabilities and know-how. We will continue to accompany the growth of our customers, by serving them with an enlarged product portfolio, including probiotics, liquids, tri-layer, medical devices and cosmetics. I am enthusiast and proud to join the Biofarma group and further accelerate our growth in the French market“.