Midsona AB has acquired Urtekram International A/S
June 2015 — 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.
Our role in the transaction
Oaklins' teams in Sweden and Denmark served as exclusive financial advisors to Midsona and its shareholders in this transaction.
Talk to the deal team
Related deals
KPS Food Group has joined ForFarmers Polska, a joint venture controlled by ForFarmers N.V.
ForFarmers N.V. has strengthened its position in Poland’s growing poultry market through the establishment of a joint venture with KPS Food Group, a leading poultry producer with operations spanning farming, slaughtering and food processing. ForFarmers’ existing Polish joint venture, Tasomix, and KPS’s operations have been combined to form ForFarmers Polska, which has an enterprise value of approximately US$585 million. ForFarmers holds a controlling 50.5% stake and will fully consolidate the joint venture. The founders of KPS and Tasomix remain minority shareholders.
Learn moreTandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi
Tandem S.r.l. has completed a voluntary public tender offer for 25.99% of the shares in Compagnia dei Caraibi S.p.A.
Learn moreHulcher has been acquired by Turnspire Capital Partners
Hulcher Services, Inc., a leading provider of specialized rail, industrial and infrastructure services across North America, has been acquired by Turnspire Capital Partners LLC. The partnership with Turnspire marks the next chapter in Hulcher’s growth, bringing together a proven operator of mission-critical infrastructure services with an investor committed to supporting the company’s people, capabilities and long-term development.
Learn more