Crowe Advises 1Q Health on the Acquisition of Gelpell AG
Crowe advised the 1Q Health Group (“1Q Health”), a portfolio company of NORD Holding in the CDMO sector for dietary supplements and pharmaceuticals, on its acquisition of Gelpell AG (“Gelpell”), a Swiss softgel specialist.
Gelpell AG specializes in the development and contract manufacturing of soft gelatin capsules (softgels), hard capsules, and vegetarian capsules. The company offers its customers a comprehensive full-service solution, ranging from product development and regulatory support to a wide variety of packaging solutions and flexible batch sizes.
1Q Health is a leading European dietary supplement and pharmaceutical CDMO and development partner. The group focuses on supporting dynamic clients throughout the entire product lifecycle and beyond—from development and production to logistics and regulatory support. At state-of-the-art production sites in Germany, Austria, the Netherlands, and now also in Switzerland, softgels, hard capsules, liquids, powders, and tablets are manufactured under GMP and IFS/FSSC conditions. In addition, 1Q Health supports customers with their international marketing and online presence.
The acquisition of Gelpell AG is an important strategic step for the 1Q Health Group: It strengthens the Group’s presence in the DACH region and expands its portfolio to include another technologically advanced and attractive dosage form.
The team at Crowe BPG (crowe-bpg.de), which was responsible for the financial due diligence and business advisory services, consisted of Andreas Hoffmann, Certified Public Accountant and Partner (Overall Management), Holger Redle, Associate Manager, and Vanessa Schulz, Consultant.
The tax due diligence, tax structuring advice, and tax contract advice were provided by Dr. Philipp Kruse, Certified Tax Advisor and Partner (overall management) (Crowe BPG); Stefan Wigger, Certified Tax Expert and Partner (Balmer-Etienne AG, CH); and Marco Frappa, Certified Tax Expert (Balmer-Etienne AG, CH).
Source: Deal Advisors by Majunke
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