Mid Europa backs Walmark

The GP commented that it hopes to capitalise on the growing consumer health and over-the-counter medicines markets in Central Europe. It added that the business will pursue add-on acquisitions to broaden its geographic footprint and product portfolio.

Company
Walmark was founded in 1990 as an export business focused on the information technology trade and household utensils. The company started trading pharmaceuticals in 1993 before fully focusing on the sector in 2001. Today, Walmark manufactures dietary supplements in a purpose-built production plant in Třinec.

The company has two fully-owned sister companies, Aminostar and Profitness, as well as eight foreign subsidiaries in Europe, including Bulgaria, France, Hungary, Latvia, Lithuania, Poland, Romania and Slovakia.

The company's latest turnover figure was €97.1m. It employs 882 people.

People
Director Michelle Capiod, partner Matthew Strassberg, associate director Robert Chmelar and associate Martin Zita worked on the deal for Mid Europa. Adam Walach is co-founder of Walmark.

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