Mid Europa's Walmark acquires Valosun

Mid Europa Partners-owned Czech dietary supplements maker Walmark has bolted on probiotics manufacturer Valosun.

The acquisition of Valosun will expand Walmark's offering in the Czech Republic and Slovakia, which are the bolt-on's main markets.

Mid Europa took a 50% stake in Walmark in July 2012 through the GP's 2007-vintage €1.5bn third fund.

Valosun is the first add-on acquisition for Walmark.

Company
Founded in 1997, Valosun is a Brno-headquartered maker of probiotics and natural remedies.

The company's main markets are the Czech Republic and Slovakia, but it also sells its products across Europe and in parts of Asia.

People
Mid Europa director Robert Chmelar led the transaction, with the firm's Viktoria Habanova and Tomas Vrba supporting Walmark's management.

Advisers
Equity – Patria (Corporate finance); White & Case (Legal); Deloitte (Financial due diligence).

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