Urgo Group has acquired Nutriexperts to enhance its presence in the dietary supplements market, leveraging Nutriexperts' strong brand and expertise to expand its offerings in Southern Europe.
Target Information
Urgo Group has successfully acquired Nutriexperts, a Spanish company renowned for its development and marketing of premium dietary supplements. Founded in 2018, Nutriexperts is particularly recognized for its brand Nutralie, which has achieved a leading position in the Spanish market. The company operates in 4,500 pharmacies across Spain and has also expanded its distribution networks into Italy and France, demonstrating significant growth and market penetration since its inception.
This acquisition marks Urgo's third in Europe for the current year, having previously acquired Vista-Life Pharma in Belgium and MyBestPharm in Poland. Nutriexperts' established expertise and recognized brand enhance Urgo's strategic ambitions in the food supplement sector, solidifying its presence in critical European markets.
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Industry Overview
The health and wellness industry in Spain has seen robust growth in recent years, with a substantial increase in demand for dietary supplements. This sector is characterized by rising consumer awareness regarding health and wellness, alongside an
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