Brussels, Belgium, November 28, 2013
Merodis, an independent corporate finance advisory boutique, is pleased to announce that it successfully advised Vemedia Group related to the divestment of ABC Chemicals to Euphaco, a company constituted by Mr. Mario Debel (ex-Omega Pharma), Ludwig Geldof and Hanne Dewulf (both ex-2Pharma), and supported by Indufin and Damier.
ABC Chemicals is a leading company in the pharmaceutical compounding market in Belgium and is focussed on analysing, repacking and selling of pharmaceutical raw materials used for officinal and magistral preparations. It sells more than 500 references to dispensing pharmacists. These references consist out of pharmaceutical ingredients (API’s) and excipients alongside the selling of food supplements (bulk), capsules and ointment bases. The company’s headquarters are located near Brussels, Belgium.
The Vemedia Group is a fast-growing European OTC company that was taken over by funds managed by IK Investment Partners following the successful public-to-private transaction at the end of 2012. Other shareholders include the management team. Earlier this year the strategic decision was taken to divest ABC Chemicals in order for Vemedia Group to strengthen its focus on its core businesses. In line with its buy-and-build strategy, Vemedia group is actively looking to acquire other OTC businesses.
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