Paris, Cascais – CFI France and CFI Portugal acted as exclusive financial advisors of Nutrisens in their acquisition of Glutamine.
Founded in 2004 and headquartered in Vila do Conde, Glutamine is a reference Portuguese supplier of gluten free goods, products intended to serve several metabolic pathologies, and more recently and aesthetic and cosmetic products.
Glutamine’s main objective was to serve the gluten free market whose variety and diversity of products were considerably low, as well as consumers’ ease of access. In this area, the Company represents in Portugal the brands Hammer Mühle, 3 Pauly, Bezgluten, Celiane and Harisin. A few years later, the Company opted to diversify its range of products by starting to offer goods intended for the treatment of various pathologies in the metabolic area, namely mixtures of amino acids and lipoprotein products through the brands Vitaflo, Taranis, Bezgluten e Harifen.
More informations : https://glutamine.pt/
Founded in 2011, Nutrisens is an independent European player, partnering with healthcare professionals (hospitals, nursing homes, pharmacies), and offering a wide range of nutritional products adapted to the pathologies of undernutrition and dysphagia that affect frail people, particularly the elderly. Nutrisens’ activity is twofold: medical nutrition (mixed dishes, jellied waters) and clinical nutrition (oral nutritional supplements).
The group’s positioning is based on nutritional expertise combined with a strong culture of innovation and a demand for high quality taste, with a dual objective: to meet specific medical needs while making each meal a pleasant experience. Since its creation, Nutrisens has grown rapidly in France and internationally.
Today, Nutrisens operates 5 industrial sites serving over 10,000 customers in France, Spain, Italy, and Belgium. In 2020 the group generated a turnover of €87 million and employed over 400 people.
More informations : https://www.nutrisens.com/
With the acquisition of Glutamine, Nutrisens is pursuing its ambition to increase its presence in Europe and is now setting up in Portugal, which thus becomes the Group’s 4th subsidiary after France, Italy, and Spain. Thanks to this acquisition, the group is getting closer to its objective of achieving almost 50% of its turnover outside France.
This transaction closed 20 September 2022.