We are pleased to announce that the transaction has been successfully closed, as a result of which BioCo Magyarország Kft. has become a member of the Belgium-based Ceres Pharma Group. The Heal Partners team acted as exclusive financial advisor to the owners of BioCo throughout the process.
Over its more than 20 years of operation, BioCo has become one of the most prominent players in the Hungarian market for vitamins and dietary supplements. We are confident that, with the support of its new owner, the company is now poised for even more dynamic growth.
The buyer, Belgium-based Ceres Pharma, is one of Europe’s dynamically growing pharmaceutical companies. This acquisition marks an important milestone in Ceres Pharma’s regional growth strategy.
We are proud to have contributed to the successful completion of this transaction. Throughout the process, we had the full support of the owners and management, and we could also rely on the expertise of the law firm Forgó, Damjanovic & Partners. We would like to thank every member of the seller’s team for their excellent cooperation!