The northern German dairy Uelzena eG will hold a 50 % stake in Biohealth International GmbH (BHI), Münchberg/Germany, and will integrate its nutrineo health food solutions (nutrineo) business division into the joint company. The contract was signed on 13 May 2020. With this move, partners Stefan Gebhardt, Midas Private Equity, and Uelzena eG wish to jointly serve the fast-growing market for nutritional supplements, sports nutrition and dietary foods. A joint investment programme to expand production capacities is in the pipeline.

BHI and nutrineo have a joint turnover of about EUR 45 m and employ more than 200 staff at three sites in Germany and Austria. The new company offers a broad range of product solutions: from powdered blends in various small package sizes to capsules, tablets, ampoules and bars to liquid supplements and ready-to-drink beverages – all standard product categories are available to customers. As a contract manufacturer for brand products and retail, the joint company shall be characterized by its speed and professionalism.