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“.