Vitabalans Oy acquired German Blanco Pharma GmbH

Vitabalans Oy acquired German Blanco Pharma GmbH

Vitabalans Oy has acquired Blanco Pharma GmbH, a health food and pharmaceuticals wholesaler, which offers warehousing services to other health food companies. Blanco Pharma’s own products consist of i.a. painkillers, which manufacturing is outsourced.

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Seller: 
German Blanco Pharma GmbH
Industry: 
Other services
Buyer: 
Vitabalans Oy
Industry: 
Other services

Vitabalans Oy has acquired Blanco Pharma GmbH, a health food and pharmaceuticals wholesaler, which offers warehousing services to other health food companies. Blanco Pharma’s own products consist of i.a. painkillers, which manufacturing is outsourced.

Vitabalans Oy is a Finnish, privately owned pharmaceutical company founded in 1980. Vitabalans Oy's product lines cover prescription and OTC medicines and food supplements. The Company’s facilities and production, research and product development, registration and marketing are located in Hämeenlinna, about 100 km north from Helsinki. The Company’s separate production plants allow the manufacturing of medicines, food supplements and probiotic products.

Currently Vitabalans Oy employs 160 persons in 12 European countries. The Company's turnover in 2011 was about 20 million EUR.

IMAP Germany and IMAP Finland advised the Buyer throughout the whole buying process.