Announced
Financials
Tags
Majority
Health Care Services
Pending
Private Equity
United Kingdom
Domestic
Friendly
Acquisition
Private
women's health
Single Bidder
Synopsis
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.
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