White & Case advises Avista Healthcare Partners and Damier Group on acquisition of sanotact Group

Global law firm White & Case LLP has advised Avista Healthcare Partners (Avista) and Damier Group on its definitive agreement to acquire sanotact Group GmbH (sanotact), an established and innovative German vitamins, minerals and supplements (VMS) platform.

Headquartered in Münster, Germany, sanotact specialises in the development, manufacturing and commercialisation of VMS products. The company operates a diversified business model combining a scaled, full-service CDMO platform with capabilities across all major VMS dosage forms and a portfolio of branded VMS products, including sanotact®, an established German VMS brand. Sanotact serves leading drugstore and distribution customers and has established a strong reputation as a trusted innovation partner, underpinned by its high-quality manufacturing and broad product capabilities across 80 international markets.

Avista is a leading New York-based private equity firm with over US$10 billion invested in more than 50 growth-oriented healthcare businesses globally. Avista partners with businesses that feature strong management teams, stable cash flows and robust growth prospects, targeting healthcare product and technology businesses with clear scale potential across four sub-sectors experiencing strong tailwinds.

Damier Group is the Belgium-based family office of serial entrepreneur Yvan Vindevogel. The family office mainly specialises in investing in and building out platforms in Europe which anticipate long-term trends, leveraging its decade-long experience and track record in consumer healthcare and the wider consumer space.

The White & Case team which advised on the transaction was led by partners Helen Croke and Laura Kayani (both London) and Jan Ole Eichstaedt (Frankfurt) and included partners Stefan Koch (Frankfurt) and Martin Forbes (London), local partner Kai Neumann (Frankfurt) and associates Jan Diether, Leonard Spielberg, Lennart Werbeck, Franziska Schiffmann and Alexander von der Wense (all Frankfurt) and Padraic Daly, Alexandra Street and Jere Agbaje (all London).

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