Midsona AB has acquired Nordsveen AS
Midsona AB, a large Swedish health and well-being products company in the Nordic region, has acquired Nordsveen AS, one of the leading distributors of health and well-being products in Norway, for US$8 million.
“The acquisition is consistent with Midsona’s vision of becoming the leader within the health and well-being sector in the Nordic region and follows on a successful acquisition in Finland a year ago with the same objective. Nordsveen represents some of Norway’s strongest brands in health and OTC products, and will strengthen our position in the market. We see great possibilities for positive development, with synergies on both revenues and costs,” says Peter Åsberg, CEO of Midsona.
Nordsveen AS is one of the leading distributors of health and well-being products in Norway. Founded in 2003, the company represents well-known brands such as Otrivin, Nicotinell, Listerine, Paracet and Ibux in Norwegian convenience stores.
Oaklins' team in Sweden was engaged by Midsona AB to review and analyze strategic and structural opportunities to develop its Norwegian operations, and also to participate as an advisor in any acquisitions that could result from the initial analysis. Our team contributed with a value focused and strategic analysis which, in combination with a strong commitment, laid the foundation for a successful acquisition process.
Talk to the deal team
Related deals
Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.
Terra Holding S.r.l. has initiated a voluntary public tender offer for the shares of Gibus S.p.A.
Learn moreLe Cercle has successfully completed its primary LBO in partnership with FrenchFood Capital and Bpifrance
Le Cercle, a pioneer in reusable meal trays and a leading catering company in the Île-de-France region, is entering a new phase of development with an investment from FrenchFood Capital and the support of Bpifrance. This transaction also marks the appointment of Nathalie Grand-Morin, currently managing director, as the new CEO of the company.
Learn moreStones Infra Projects has raised debt finance
This transaction marked a successful debt raise to fund Oleander Farms’ growth. Strategically located in Karjat between Mumbai and Pune, this five-star resort caters to luxury travelers, MICE (meetings, incentives, conferences and exhibitions), weddings and large-scale events. The rising demand for additional room inventory to host sizable gatherings, along with the scarcity of large-format resorts in the region, were key drivers behind raising capital to accelerate expansion.
Learn more