Carlsquare advised Karo Healthcare, a portfolio company of KKR, on the sale of Alpha Foods, a Belgian provider of primarily powder-based VMS products, to Vision Healthcare. The transaction strengthens Alpha Foods in focusing on attractive and resilient categories that enable long-term growth and operational efficiency in the consumer wellness space.
Karo Healthcare, a portfolio company of KKR, is a leading pan-European consumer healthcare company headquartered in Stockholm, Sweden. The company operates an attractive product portfolio including skin health, foot health, intimate health, digestive health, and vitamins, minerals & supplements. During the past five years, Karo has scaled substantially, quadrupling in sales, building leading digital capabilities and establishing market presence.
Alpha Foods is a brand focused on nutrient-rich, conscious nutrition and offers a variety of plant-based food products. They aim to provide tasty, convenient, and nutritious vegan options that allow consumers to choose ethical and sustainable foods without compromising on flavor.
Vision Healthcare is a fast-growing European digital-first omni-channel platform empowering consumers to enhance their personal health and wellbeing. It specializes in direct-to-consumer brand building and offers a diverse portfolio of health and wellness brands, focusing on preventive health solutions and evolving digital media behaviors.
“We continue to optimize our portfolio and are pleased to have found a strong new owner for Alpha Foods.” – Michael Kaltenborn, Chief Strategy Officer & Head International Markets, Karo Healthcare
“It was a pleasure advising Karo Healthcare on the sale of Alpha Foods. Having previously supported the sale of Alpha Foods to Sylphar, a Vendis portfolio company, in 2020, we were able to leverage our in-depth knowledge of the business and the relevant investor landscape in this transaction. We would like to thank the Karo Healthcare team for their trust and the highly constructive collaboration.” – Nico Schmidt-Weidemann, Managing Partner, Carlsquare
Carlsquare acted as the exclusive financial advisor to Karo Healthcare, a portfolio company of KKR.
