Private equity firm Mid Europa Partners is to take full ownership of Walmark after agreeing to buy out the founding Walach family. The transaction is subject to anti-trust clearance.
Mid Europa originally acquired a 50 per cent stake in the consumer healthcare company in December 2012.
Michelle Capiod (pictured), Partner at Mid Europa, says: "We would like to thank the Walach family for our excellent partnership and wish them great success in their future endeavours. We have jointly transformed Walmark from the leading dietary supplements business in Central and Eastern Europe into a focused consumer healthcare platform with an exciting pipeline of new products. We are delighted to continue our active support of management in their execution of this successful strategy."
