Bain Capital and Blackstone are among the private equity firms in the next round of bidding for UK-based supplement maker Vitabiotics Ltd, sources familiar with the matter say, with EQT and TPG having also advanced in the process, according to a report by Bloomberg.
The company, led by former Dragons’ Den investor Tej Lalvani, sells popular brands including Wellman, Wellwoman, Pregnacare, and Wellbaby. The business could be valued at around £900m ($1.2bn) in a potential deal.
Deliberations are ongoing though, and there is no certainty that a transaction will occur.
According to Bloomberg, representatives for Bain, Blackstone, EQT, TPG, and Vitabiotics declined to comment.
