EU Business Round-Up: BioGaia Held Back By COVID, Nutrinovate Acquires Vitamin Sprays, Labomar Goes Public
Latest EU business news: Sweden's BioGaia warns sales to slump due to COVID-19; Nutrinovate acquires vitamin sprays firm A to K; and Italy's Labomar prepares for M&A following IPO.
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Latest European Probiotics News: Probi and BioGaia post earnings, with differing results, while Kerry seeks to expand with Spain's Biosearch.
Probiotics specialist BioGaia will draw on the experience of its new private equity investor EQT as it looks to expand through acquisitions and increased digitization.
Nestlé Health Science continues to expand its dietary supplements offering in 2022 penning a deal for New Zealand's The Better Health Company and its GO Healthy brand. The company says the deal will strengthen its presence not just in New Zealand but across the wider APAC region in markets such as Australia and China.