BDO's M&A team acted as lead advisor to Galenica Group in the context on the sale of Careproduct AG to SAB Management Holding AG.
Careproduct was acquired by Galenica at the start of 2018 with the aim of integrating its product portfolio into the range of pharmacies and unlocking potential synergies for everyone. It has not been possible to find an optimal way to implement this project to date. For this reason, Galenica has decided to sell Careproduct AG and transfer it to new ownership as of 20 September 2022.
The buyer is SAB Management Holding AG, whose registered office is in Hünenberg. Bruno Sauter, the owner of the company, wants to maintain and further develop the distributor of products such as walking frames, wheelchairs, incontinence products and other medical aids in its business model.
Contact our experts for further information on the deal.