Announced
Financials
Sources
Tags
Private
Acquisition
Majority
Italy
drug development
Pharmaceuticals
Private Equity
Pending
Friendly
Single Bidder
Cross Border
Synopsis
DENTRESSANGLE, the investment holding company of Norbert Dentressangle, agreed to acquire Dietopack, an Italian manufacturer of nutraceutical and pet nutritional products, from Trilantic, a pan-European private equity firm. Financial terms were not disclosed. "We are very pleased to make the simultaneous acquisitions of Naturacare and Dietopack. This move illustrates the agility and ability to execute of the DENTRESSANGLE teams. With Luc Basthiste at the helm and the integration of Cecilia Cavazzuti within the Executive Committee, we can rely on a team capable of structuring and growing Naturacare with the objective of making the Company a European leader in the food supplement CDMO sector, while maintaining the highest possible quality standards to provide safety, flexibility and innovation to demanding clients," Thierry Coloigner, DENTRESSANGLE Managing Partner.
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