STADA has acquired Natures Aid, a family owned UK based manufacturer of vitamins, minerals, food supplements and herbal products distributed under the Natures Aid brand.
Stada expects that, until 2020, the global dietary supplement market is expected to grow by about 5% annually.
“Over the past years, the company posted double-digit sales growth annually (3yr-CAGR: ~14%),” said Stada in its press release issued on Monday.
Natures Aid, based in Preston, UK, was founded in 1981 and currently has approximately
60 employees. In the financial year July 2015 to June 2016 Nature Aid posted sales of GBP
7.3 million (approximately Euro 8.5 million), of which approximately 80% are generated in
UK and 20% in more than 40 countries worldwide. EBITDA was GBP 1.9 million.
“With Natures Aid we acquire a leading company in the attractive UK food supplement market which is also well recognized in its international markets for its high quality standards. The acquisition not only matches our financial investment criteria perfectly. It also represents a highly synergetic fit to our Thornton & Ross business in UK to further strengthen our product portfolio in the attractive branded business, in line with our overall company strategy.”, says CEO Dr. Matthias Wiedenfels.
The acquisition will be closed and consolidated today (November 21, 2016.)