NETWORK acted as debt advisor to Avedon Capital ("Avedon") in structuring and negotiating the acquisition financing for FormMed HealthCare AG ("FormMed"), a developer and supplier of therapeutic micronutrition concepts.

Transaction

Avedon has acquired a shareholding in FormMed HealthCare AG (“FormMed”), a leading developer and supplier of micronutrition for therapeutic use based in Frankfurt am Main, Germany. In partnership with Avedon, FormMed seeks to accelerate growth in its core market Germany and further internationalize to selected European core markets. This includes a further granularization of the product portfolio, investments into organizational build-up and selected distribution partners. Kartesia provides an attractive and flexible financing package to support FormMed’s further growth plans.

Company

Founded in 1996, FormMed is a leading developer and supplier of micronutrition for therapeutic use based in Frankfurt am Main, Germany. The company provides the largest range of supplements in the micronutrition space tailored to the specific needs of medical professionals and their patients. The modular product range includes indication-specific- and active ingredient micronutrients and enables medical professionals to recommend entire supplement treatment concepts, according to their patients need, at an affordable price. The company fulfills the highest quality and purity standards in the market, “Made in Germany”.