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

Avista Healthcare Partners and Damier Group-backed PK Consumer Health, a consumer healthcare platform, agreed to acquire HealthAid, a manufacturer of nutritionally balanced supplements. Financial terms are not disclosed. "We are pleased to welcome HealthAid and its team to the PK platform. By combining forces, we are confident that we can further accelerate growth by leveraging PK Consumer Health's capabilities and network, while building on HealthAid's strong market position and long heritage as one of pharmacists' preferred brands. As the second acquisition of the PK platform since November, this transaction represents another important step toward achieving our EUR 100 million EBITDA ambition," Yvan Vindevogel, PK Consumer Health Chairman.