NETWORK advises NORD Holding exclusively on the add-on acquisition of HKS health solutions GmbH.

NETWORK acted as exclusive debt advisor to NORD Holding in structuring and negotiating the acquisition financing for the add-on acquisition of HKS health solutions GmbH (“HKS”), a leading contract manufacturer of high-quality food supplements and pharmaceuticals. The acquisition represents the second important step in the buy-and-build strategy under the newly formed 1Q Health Group, following the acquisition of ABJ alive GmbH (“ABJ alive”) in March 2024.

Transaction

Building on the acquisition of ABJ alive, in which NETWORK also acted as exclusive debt advisor, this add-on acquisition further reinforces NORD Holding’s dedication to establishing 1Q Health Group as a leading European CDMO for food supplements and pharmaceuticals. The financing package was provided by the existing lending partners, National-Bank and OLB, as well as by Muzinich as a new lender. The expansion of the consortium underlines the attractiveness of NORD Holding’s buy-and-build strategy in the European CDMO sector.

Companies

Founded in 2021 through the merger of three industry pioneers, HKS now boasts over 170 employees and a portfolio exceeding 3,000 products. With impressive production capacity, HKS delivers top-tier private label and white label solutions, meeting the highest GMP and IFS/FSSC standards.