Karo to acquire Sylphar for EUR290 million

24 November 2021 - Deborah Wilkes

Sweden’s Karo Pharma is acquiring Belgian consumer healthcare company Sylphar International – including its Nutravita, Alpha Foods and Remescar brands – for EUR290 million (USD325 million). Karo’s chief executive officer Christoffer Lorenzen said his company would gain a “cutting-edge team excelling in e-commerce and digital marketing”.