Riverside invested in Euromed, a producer of standardised herbal extracts and natural active substances for the pharmaceutical, nutraceutical, food and cosmetic industries, in 2015. Euromed processes more than 5,000 tons of raw materials every year to produce high-quality extracts to meet the needs of more than 300 customers in 35 countries worldwide.
During Riverside’s three-year hold, Euromed’s sales grew at a CAGR in excess of 16% and earnings doubled. Euromed also acquired ProbelteBio as an add-on, enhancing production capacity by approximately 30% and providing complementary products to the portfolio. The add-on brought the necessary production capacity to sustain growth for the future. Riverside sold the business to trade buyer Dermapharm in 2018, realising a strong return for investors.
CEO
Euromed
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