Strapharm sold to M80 alongside management
Strapharm is a French contract manufacturer of food supplement which specializes in dry forms (tablets, capsules) with a unique expertise in chewing gum and effervescent products.
The company is also well known for its R&D to propose innovative products to its customers including distributors, pharmaceutical and nutraceutical laboratories and to develop tailor-made products and white label brands that perfectly meet market expectations.
After the recent increase in production capacity to meet rapid growing demand, the strategy is to become a leading manufacturer of para-pharmaceutical products through an organic growth and acquisitions.
The new shareholder M80 is keen to support this strategy led by two talented entrepreneurs Arnaud de Yrigoyen and Luc Basthiste, who have been at the head of the company for several years.