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Announced

Completed

Sirio Pharma completed the acquisition of a 80% stake in Best Formulations.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

dietary supplements

Majority

Private

Single Bidder

Friendly

United States

Food Retailers and Wholesalers

Cross Border

Completed

Synopsis

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Sirio Pharma, a nutraceutical contract development and manufacturing organization, completed the acquisition of a 80% stake in Best Formulations, a manufacturer and retailer of dietary supplements. Financial terms were not disclosed. “Our entire team is very excited to join the Sirio family in a shared mission of providing our customers with world-class service and innovative products. This combination will allow us to grow our business faster with global resources and capabilities,” Eugene Ung, Best Formulations CEO.

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