V4 Financial Partners has advised the founding partners of the Spanish company Korott in the identification, design, negotiation and execution of its merger with the German-based group Euro Vital Pharma Holding (EVPH), thereby becoming part of this European group specialized in the development, production and commercialization of health and wellness products, particularly nutritional supplements, parapharmacy and dietetics products.
Previously, in 2019, V4 Financial Partners advised Korott in the acquisition of 100% of the VivePlus Group’s capital, which was specialized in the distribution, marketing and sale of dietary foods and nutritional supplements. This operation allowed Korott to accelerate its growth plan and consolidate its position in the Spanish market, with a presence in all the large distribution chains in the country.
As a result of the current merger between Korott and EVPH, Korott’s shareholders become one of the most important investors in the European group. Besides, Korott’s management team will maintain its functions and will assume new roles in the management structure at a European level.
Javier Blanes, representative of Korott’s current shareholders and Managing Director of the Korott Group, says: “We are excited to start our collaboration on this project. EVPH has demonstrated a strong commitment to our capabilities and expertise, and significant confidence in our firm.”
Stephan Weber, CEO of EVPH, explains: “It is not a simple sum that integrates two businesses, but a transformation operation that generates a unique business at a European level.”
Likewise, Rafael Vilaplana, Partner of V4 Financial Partners, “With this latest transaction Korott consolidates a strategy initiated in 2018, by which it intensifies its presence in the Spanish market and achieves its internationalization. This transaction is going to be very positive for the Group’s customers as well as for Korott’s employees and environment.”
V4 Financial Partners (formerly Altium Capital) is an independent mergers and acquisitions (M&A) advisory firm with more than 25 years of experience in the Spanish middle-market market. From a senior approach and an intensive dedication to projects, V4 professionals advise shareholders, companies, management teams and investors from all sectors, with whom they share an entrepreneurial spirit and objectives in each deal.
Its clients include family businesses, professionals and executives in the field of private equities, as well as management teams of mid-caps and of Spanish or international companies in cross-border, growth or restructuring operations.
The key to the success of V4 Financial Partners is the provision of an ad hoc service to each client, with whom it develops long-term relationships and mutual trust, built on the knowledge of their objectives and dedication, helping them to maximize the achievement of their professional and personal interests.
The service approach of V4’s professionals, together with their independence, commitment, specialization and accumulated experience, guarantee the best evaluation of existing alternatives and the optimal execution of the decisions taken throughout the process.
V4 Financial Partners is an associated firm, in Spain, to the international network GCA Altium, specialized in M&A, with 21 offices in the main squares of Europe, America and Asia.
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