“In the past few years, we have scrutinised several options as part of our growth strategy”, says Dietmar Grillhofer from MIDAS Private Equity. “Investors focused purely on capital were not our preferred choice in view of our strategic development – with Uelzena we now have the perfect partner. Uelzena's strong local connections and expertise in producing the highest quality food will secure the further expansion of the BHI company group in the coming years in a rapidly growing health market.”
The completion of the transaction is pending the agreement of the German cartel authority.
ABOUT THE UELZENA GROUP
Uelzena eG with its headquarters in Uelzen, Lower Saxony, and its four subsidiaries in Germany, is one of the leading providers and innovative problem solvers in the food processing and milk refining business.
nutrineo-health food solutions develops and produces innovative health food products for the private label market in the fields of sports nutrition, weight management and nutritional supplements for well-known brand names and retail. The focus of the business is on the European and Asian markets.
BHI -BIOHEALTH INTERNATIONAL GMBH
BIOHEALTH International GmbH is an international company offering contract manufacture. On behalf of its customers, it develops and produces nutritional supplements, dietary foods as capsules, powdered blends and functional food products. BHI has its headquarters in Münchberg and was founded as a product developer and manufacturer in October 2003 by Rudolf Gebhardt.
Following the introduction of the strategic partner MIDAS Private Equity, and Mr Stefan Gebhardt, son of the company founder, taking over the management of the company in July 2007, BHI has become a successful international business with more than 200 permanent employees in Münchberg and Grödig, near Salzburg.
For further information:
Uelzena eG/ nutrineo - health food solutions
Mr Uwe Radke
Managing Director, Marketing & Sales
Tel: +49 (0)581 806-0
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