Midsona AB has acquired Urtekram International A/S
Swedish health and wellness group Midsona AB has acquired Danish organic food maker Urtekram International A/S for US$35 million.
Midsona is one of the Nordic leaders in the sale and development of diet and health products, sports nutrition, cold remedies, superfoods and hygiene products. The company’s products are sold through supermarkets, pharmacies and health food stores in Sweden, Norway and Finland. Midsona has sales of around US$113 million and approximately 155 employees.
"The acquisition of Urtekram is a big step towards our vision of becoming the Nordic leader in health and wellness. We are broadening our product portfolio of proprietary brands that are well positioned in attractive organic growth segments," said Peter Åsberg, CEO of Midsona.
Urtekram is a leader in organic food and body care products in the Nordic region. Urtekram’s products are sold under the company’s own brands Urtekram and Nutana, mainly through supermarkets in Denmark, Sweden, Norway and Finland. Urtekram also distributes products for a number of internationally well-known brands. The company, which operates a wholly owned product facility in Denmark, has sales of around US$52 million and approximately 150 employees.
Oaklins' teams in Sweden and Denmark served as exclusive financial advisors to Midsona and its shareholders in this transaction.
Talk to the deal team
Managing PartnerStockholm, Sweden
Managing PartnerCopenhagen, Denmark
Capricorn Holding has been acquired by Forster Gruppe and Genossenschaft Migros Aare
The owners of Capricorn Holding AG have sold the company to Forster Gruppe AG and Genossenschaft Migros Aare, optimal buyers that will guarantee the continuation of the business in the future. The three parties have agreed not to disclose any financial information about the transaction.Learn more
Air Purchases of New Hampshire has been acquired by Munch’s Supply
The shareholders of Air Purchases of New Hampshire have sold the company to Munch’s Supply LLC.Learn more
Parsley Box Group has completed an IPO
Parsley Box Group plc has completed an IPO on AIM.Learn more