IMAP is pleased to announce that Dr. Wolff Group, a German based manufacturer of cosmetics and pharma products, has acquired 51% of Apremeda, the exclusive distributor of Dr. Wolff products in the Czech and Slovak Republics.
Apremeda’s founder retains a 49%stake in the company and will continue in her management role.
Family-owned for over a 100 years, Dr. Wolff manufactures cosmetics and pharma products sold under the brands Alpecin, Alcina, Plantur, Karex, Bioniq® Repair-Toothpaste, Linola and Vagisan. The company has more than 750 employees and sells its products in 60+ countries worldwide, generating €340 million in revenues in 2020.
The IMAP Czechia team, led by Radek Schmied and Petr Sedlar, advised Apremeda throughout the transaction.