US investment network targets European health & wellness firms
By Nicola Cottam
Last updated on
Nutrition Capital Network (NCN) is setting up shop in Europe this May at Vitafoods in Geneva and is scouting for investment opportunities in the health and wellness sector.
Symrise has recorded new highs in 2013, growing sales by 6% and EBITDA by 10%, while reports claim that the flavour and fragrance firm has made a bid for the Diana Group.
Premium products, mega-spend marketing, and global ambitions are driving growth for Swisse Wellness, says its CEO, days after inking a ‘game-changing’ deal with PGT Healthcare giving it access to over 50 countries.
Epax CEO Ola Snove thinks the €2bn BASF and DSM buying frenzy that saw many major suppliers consolidated in their hands is ultimately a good thing for the €20bn+ sector – but its independence remains valued at Epax.