Mid Europa increases Walmark stake to 100%

The deal saw Mid Europa gain full control of the company, having first bought a 50% stake from the Walach family in 2012 via its 2007-vintage €1.5bn Mid Europa Partners III fund. The exit marks an end to the Walach family's 25 years at the reins of Walmark.

Mid Europa's buyout follows its support of two bolt-on acquisitions for Walmark in 2015: Polish maker of natural respiratory ailments products for children Pneumolan was acquired in June, while Czech bottled probiotics producer Valosun was bolted on in October.

Company
Walmark was founded in 1990 as an export business focused on the information technology trade and household utensils.

The company began 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.

People
Mid Europa's Robert Chmelar, Viktoria Habanova and Tomas Vrba led the deal for the GP. Jorge Manuel is the CEO of Walmark.

Advisers
Equity – White & Case (Legal).
Vendor – Allen & Overy (Legal); Corpin (Corporate finance).

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• Topics
• CEE
• Expansion
• Consumer
• Czech Republic
• Mid Europa Partners
• unq2015nov