Alira Health announces its role as Buy-side Advisor to Europlant Group on their acquisition of PlantExtrakt

Alira Health announces its role as Buy-side Advisor to Europlant Group on their acquisition of PlantExtrakt

Alira Health adds Europlant Group to their growing list of Transaction Advisory clients.

MUNICH, GERMANY – SEPTEMBER 18, 2019 – Alira Health (www.alirahealth.com), a leading international healthcare and life sciences advisory firm, was selected as the Buy-side Advisor to Europlant Group, a German developer and manufacturer of herbal pharmaceuticals and medicinal teas, on their acquisition of PlantExtrakt, a leading producer of phytotherapeutic, gemotherapeutic and homeopathic products and mother tinctures in Romania, for an undisclosed value.

“The addition of PlantExtrakt to our Group underlines our commitment to reliable, quality and safe phytopharmaceutical products, meeting increasing demand from conscious consumers,” stated Wojciech Skrobanski, CEO of Europlant Group. “We are very excited about the excellent platform for our expansion goals. We see great potential for PlantExtrakt products in Central and Eastern European markets. At the same time, the Romanian market offers opportunities for Europlant Group products.”

“We are proud to support Europlant in a transaction that supports their geographical penetration into a region with high market potential,” says Dr. Michal Raciborski, Partner, Alira Health. “Our M&A practice is dedicated to identifying synergistic opportunities that deliver long-term profitability and value for our clients.”

About Europlant Group:

Europlant Group develops and produces effective and safe liquid herbal pharmaceuticals and medicinal teas in its production sites in Poland (Phytopharm), Russia (Krasnogorskleksredstva) and the Ukraine (Liktravy). It operates an excellent distribution network for its products via pharmacies in Central and Eastern Europe.

Europlant Group is part of the nature network®, a family-owned company in its fourth generation, founded 1930 by Martin Bauer. More than 4,000 employees worldwide — many of them with decades of experience — proudly con-tribute to consolidated revenues totaling more than €600 million.

To learn more about Europlant Group, visit www.europlant-group.com.

About PlantExtrakt

PlantExtrakt focuses on the production and distribution of phytotherapeutic, gemotherapeutic and homeopathic products and mother tinctures in Romania tinctures since 1991 founded by family Peev.