Saneca Pharmaceuticals a.s. and Slovenský rastový kapitálový have sold Saneca Trade s.r.o. to SARANTIS GROUP
February 2018 — Saneca Pharmaceuticals a.s. and Slovenský rastový kapitálový fond, a. s. have sold Saneca Trade s.r.o. to SARANTIS GROUP for US$10.4 million.
Saneca Trade is the distributor and intellectual property owner of Indulona, an award-winning cosmetics brand with 70 years of successful presence in the Czech/Slovak market. It is the most popular selling product within the hand care category in both Czechia and Slovakia.
SARANTIS GROUP is a leading consumer product companies founded in Constantinople in 1930. In 1956, the group’s headquarters moved to Athens, Greece. The company offers a wide range of products, including fragrances and cosmetics, personal care and healthcare as well as everyday household products. SARANTIS GROUP has operating subsidiaries in nine European countries and maintains a powerful international presence and a distribution network that exports to more than 35 countries.
Saneca Pharma is a leading contract development and manufacturing organization, and an expert in developing and manufacturing active pharmaceutical ingredients and finished dosage formats. Slovenský rastový kapitálový fond, a. s. is a private equity fund managed by WOOD&Co.
Our role in the transaction
Oaklins' team in Slovakia acted as the sole financial advisor to the sellers in this transaction.
Talk to the deal team
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreLife & Mobility has attracted investor Bolster Investment Partners
Life & Mobility, a leading developer and manufacturer of premium mobility and rehabilitation solutions, has welcomed Bolster Investment Partners as a new shareholder. The partnership provides Life & Mobility with a strong long-term partner to support the company’s next phase of growth, with a continued focus on product innovation, strengthening its leading market position and further international expansion. The company’s mission remains to enhance the mobility, independence and quality of life of end users through innovative, sustainable and circular mobility solutions designed for multiple life cycles.
Learn moreNiceboy has been acquired by Anacot Capital
Niceboy has been acquired by Anacot Capital, marking the next stage in the company’s development.
Learn more