Ethica Corporate Finance advised the shareholders of Dietopack, an Italian Contract Manufacturing Organization (“CMO”) of nutraceutical products and complementary feed, in the sale of a majority stake to Doppel Farmaceutici, backed by the private equity fund Trilantic Europe. The former shareholders will continue to act as managers and will retain a minority share in the Company.
Founded in 2000 as a supplier of packaging solutions to food supplements manufacturers, Dietopack has become – since 2010 – a reference Contract Manufacturer of nutraceuticals and complementary feed.
The acquisition will enable Dietopack to gain access to a consolidated network with a widespread presence in Italy and abroad such as Doppel Farmaceutici. Following the acquisition Doppel will expand its product and services lines which will also include complementary feed products.