Acquisition of Alpha Foods by Sylphar
29 June 2020
Sylphar is a fast-growing OTC company backed by Vendis Capital that since May 2017 acquired Alpha Foods, a German brand of food supplements and vegan nutrition. The Corporate Finance and Tax teams of BDO assisted Vendis and Sylphar during the due diligence process.
Founded by Wolfgang Dorfner, Alpha Foods designs, markets and distributes a range of nutritional supplements and vegan nutrition products that are sold exclusively online, through the company’s own web shop as well as through Amazon.
Sylphar teamed up with Vendis capital in 2017 with the ambition to accelerate its growth, both organically as well as through acquisitions, and has made a further step towards becoming one of the leading European omni-channel players in the consumer healthcare space through the acquisition of Alpha Foods.