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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