Karo Pharma Acquires Sylphar International NV

January 13, 2023

Karo Pharma Aktiebolag has completed the acquisition of Belgian digital-first consumer health brand company Sylphar International NV for EUR 290 million. The deal is intended to strengthen Karo's market position and digital commerce capabilities; Sylphar CEO Robin List will join Karo's corporate management team and continue to lead Sylphar operations.

Buyers
Karo Pharma Aktiebolag
Targets
Sylphar International NV
Sellers
Vendis Capital Management, Robin List, Other shareholders / management
Industry
Pharmaceuticals
Location
East Flanders, Belgium
Transaction Type
Buyout

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