Sports nutrition manufacturer Scitec Nutrition acquired by Ascendis Health

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22.04.20 12:28 PM Comment(s)

ACS partner, GKA Capital, working with its Polish associate Aventis Capital, provided advisory services to Coast 2 Coast Capital and Ascendis Health Ltd. on the acquisition of Scitec International S.à.r.l.

Ascendis Health Ltd. acquired 100% of the share capital of European based Scitec International S.à.r.l. in August 2016. This acquisition established an international platform for Ascendis in the sports nutrition and nutraceutical spaces while complementing their Consumer Brand product strategy.

About Ascendis

Ascendis Health, listed on the Johannesburg Stock Exchange (JSE) since 2013, is a health and care brands company operating in plant, animal and human health.