Vinge has advised Vitamin Well and its majority shareholders Cinven, the founders of Vitamin Well and Bridgepoint on Vitamin Well's acquisition of EMPWR Nutrition Group from majority seller Waterland Private Equity Investments.
EMPWR Nutrition Group is a Belgium-headquartered contract development and manufacturing organisation of nutritional bars, operating four manufacturing facilities in Croatia, the Netherlands, the United States and Canada, with over 1,500 employees and more than 100 customers globally. EMPWR Nutriton Group has been an important manufacturing partner for Vitamin Well, producing the full range of Barebells bars for markets globally. Established in 2006 and headquartered in Stockholm, Vitamin Well is a high-growth functional food and beverage business, offering premium products for consumers with approximately 750 employees and products sold in over 50 markets worldwide. As part of the transaction, Waterland Private Equity Investments will reinvest and become a minority shareholder in Vitamin Well.
The transaction is subject to customary regulatory approvals.
Vinge’s team consisted of Daniel Rosvall, Kim Bergman Aldevinge and Michella Said (M&A), Sebastian Örndahl and Alva Chambert (Antitrust & FDI), Albert Wållgren, Karl-Gustaw Tobola and Nilufer Nouri (Banking and Finance) and Emy Rydén (Transaction Support Coordinator). With respect to local law advice, Covington advised on US law matters, NautaDutilh advised on Dutch and Belgian law matters, Gowling advised on Canadian law matters and Divjak, Topic, Bahtijarevic & Krka advised on Croatian law matters.