Venture Life Group to acquire BBI Healthcare from Exponent-backed BBI Diagnostics Group for £36m.

Venture Life Group, a company developing, manufacturing and commercialising products for the international self-care market, agreed to acquire BBI Healthcare, a women's health and energy management/diabetes company, from Exponent-backed BBI Diagnostics Group, a healthcare products provider, for £36m ($51m). "BBIH is a well-established, growing and profitable consumer healthcare business, with a strong offering both of its own brands and also customer brands. Products are currently sold or partnered in 27 countries, with a significant direct-to-retail presence in the UK, which will add to the already significant direct-to-retail presence VLG has in the UK," Jerry Randall, Venture Life Group CEO.