DCC Healthcare takes over Midsona Manufacturing
29th June 2012
DCC Healthcare has acquired Midsona Manufacturing AB based on an enterprise value of €7.25m.
The consideration was paid in cash. Midsona Manufacturing provides product development, registration, manufacturing and packing services to a range of leading Swedish and international consumer healthcare and health and beauty brand owners.
Its product capability includes standard tablets, effervescent tablets, nutritional liquids and sprays, supplied in a variety of packaging formats.
The business operates from a licensed facility in Norköpping, south of Stockholm, and has 86 employees.
The company will be renamed Vitamex Manufacturing AB and will become part of DCC Health & Beauty Solutions.
In tandem with the acquisition, DCC Health & Beauty Solutions has entered into a supply agreement with the vendor, Midsona AB, a Swedish listed company.
Its core activity is the sale and marketing of well known health and dietary supplements in the Nordic market.
At 3:39pm: (LON:DCC) DCC share price was +0.18p at 18.33p
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