Announced

Avista Healthcare and Damier Group-backed PK Consumer Health to acquire Puhdistamo.

Synopsis

Avista Healthcare and Damier Group-backed PK Consumer Health, a consumer healthcare platform, agreed to acquire Puhdistamo, a manufacturer of dietary supplements. Financial terms are not disclosed. "We are entering a significant new phase in Puhdistamo's growth story. We have a good track record of building strong brands with a clear purpose, high product quality, and deep roots in Finland and the Nordic countries. By joining a larger European consumer health group, we have found partners who share our vision and our values. With PK Consumer Health, we have a stronger platform to accelerate our growth especially in Finland and Sweden, take our brands to new international markets and to invest in innovation, while staying true to what has made Puhdistamo successful from the start – entrepreneurship and a commitment to uncompromising quality. I am proud of our team and excited about what we can achieve together," Carl-Gustaf Elfving, Puhdistamo CEO.

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