BioCare will become part of DSM’s Human Nutrition & Health division, where BioCare’s competences within probiotics will support the future strategy of the division. With the acquisition of BioCare, DSM will strengthen its market position in food supplements and gain access to new customers.
ATRIUM acted as exclusive financial advisors to the sellers. ATRIUM orchestrated an international auction process with participation from +50 international corporates from the industry and a selection of focused PE players. The industry is facing very high growth rates and peers are trading at high multiples. The process has been extremely competitive with a final selection of large, strategic players from 4 different countries.
Several MidCap Alliance members have provided valuable input for the buyer universe.