Sochim International Joins Naturacare in Landmark Deal

Deal News | Dec 17, 2024 | Finance Community IT - 3 Private Equity

Sochim International Joins Naturacare in Landmark Deal

Sochim International, a prominent producer of dietary supplements in softgel form, has been acquired by Naturacare, a European contract development and manufacturing organization backed by Dentressangle Capital. The acquisition allows Naturacare to enhance its expertise in the formulation, production, and packaging of nutritional supplements aimed at improving human and animal health. Sochim's founder, Carlo Eigenmann, will reinvest in Naturacare, while his daughter, Carolina Eigenmann, will continue in an executive leadership role. Ethica Group served as Sochim's financial advisor, with legal advice from Gatti Pavesi Bianchi Ludovici, while Valere Advisory acted as the financial advisor for Naturacare/Dentressangle. Founded by the Eigenmann family in 1988, Sochim evolved to become a leading independent company in third-party development and production of nutritional supplements, medical devices, and special dietary foods. It became a leading player in softgel capsule production, with 55% of its revenue coming from international clients. The acquisition allows Naturacare to strengthen its position in the rapidly growing European dietary supplement market.

Sectors

  • Nutraceuticals
  • Pharmaceutical Manufacturing

Geography

  • Europe – The acquisition involves European companies and extends Naturacare's operations in France, Italy, the Netherlands, and Belgium.
  • Italy – The home country of Sochim International and location of some operational activities.
  • France – Included in Naturacare's operational sites post-acquisition.

Industry

  • Nutraceuticals – This industry classification is relevant as Sochim International is involved in the production and development of nutritional supplements and nutraceutical products.
  • Pharmaceutical Manufacturing – The article discusses Sochim's production capabilities, particularly in softgel capsules, aligning with this sector.

Financials

    Participants

    NameRoleTypeDescription
    Sochim InternationalTarget CompanyCompanyProducer of dietary supplements in softgel form, recently acquired by Naturacare.
    NaturacareBidding CompanyCompanyEuropean company specializing in the formulation and manufacturing of dietary supplements.
    Dentressangle CapitalPrivate Equity SponsorCompanyPrivate equity firm providing financial backing to Naturacare.
    Ethica GroupFinancial Advisor to SochimCompanyAdvised Sochim in the financial aspects of the deal.
    Gatti Pavesi Bianchi LudoviciLegal Advisor to SochimCompanyProvided legal advisory to Sochim for the transaction.
    Valere AdvisoryFinancial Advisor to NaturacareCompanyAdvised Naturacare/Dentressangle in financial matters regarding the acquisition.
    Carlo EigenmannFounder of Sochim InternationalPersonFounder of Sochim who will reinvest in Naturacare.
    Carolina EigenmannExecutive Leadership RolePersonDaughter of Carlo Eigenmann, holds an executive role in the new setup.