GO CAPITAL announces the sale of its entire stake in Effinov Nutrition (an innovative and advanced micronutrition laboratory that develops and markets food supplements mainly via French pharmacies). The company is now part of Dewavrin Cosmetics, a French industrial group with international reach.
Effinov Nutrition products are well known and marketed by a very large number of pharmacies in France. The company’s product portfolio comprises around fifty items across five ranges: EffiNov Équilibre (essential nutrients: vitamins, minerals, trace elements, etc.), EffiNov Maternity (food supplements for pregnant women and young mothers, covering all aspects of pregnancy nutrition), EffiNov Nutrition (health nutrition: gluten-free, lactose-free and low glycaemic index dietetic foods), EffiNov Sport (sports nutrition: sports drinks, recovery drinks, energy bars, energy gels) and Nutrialys (medical nutrition with reduced polyamine content products reimbursed by social security)
GO CAPITAL invested in the capital of the Brittany-based (Lorient) company Effinov Nutrition in July 2012, via the Go Capital Amorçage fund. “Thanks to the continuous support of GO CAPITAL over the last six years, Effinov has been able to meet the challenges of a highly competitive environment and acquire a significant positioning in the field of natural health through an innovative and highly differentiated offering whose effectiveness has been highly praised by our customers”, commented Béatrice Poisson.
“We are pleased to have given Effinov Nutrition the means to further its development, thereby helping it to become one of the top 10 French micronutrition specialists. The arrival of Béatrice Poisson as CEO in 2016 provided the impetus for the company to embark on a path of strong revenue growth and to expand its range of “products”, which have established it as a leading player in micronutrition in France.
This acquisition will enable Effinov to continue its development through strong export synergies, while maintaining its territorial presence in Brittany” says Aude Kermarrec, Managing Partner at GO CAPITAL.