Login to access your exclusive member-only content and account information.


Not a member? Join us

  • Operate to the highest level of professional standards
  • Access authoritative industry research and data
  • Navigate the complex EU regulatory environment
  • Network and engage with industry leaders
Private equity in action - Case Study


Back to results
Country Spain
Region Cataluna
Investor The Riverside Company

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.

Javier Roig



“It has been a wonderful journey with The Riverside Company. We’ve come so far in just three years achieving so many strategic initiatives, including the add-on investment and the launch of the Innovation Centre." Quotation Marks Graphic

increase in production capacity


CAGR in sales

What did the business need?

  • Investment for new product launches
  • International expansion
  • Increased production capacity
  • Enhancing sales of value-added products

How did private equity backing create lasting value?

  • Added new processes and best practices – especially relating to R&D and new product development
  • Increased the R&D team and built a new R&D centre
  • Enhanced management, adding a new CFO, COO, Scientific Marketing Officer
  • Enhanced the international sales team
  • Completed the add-on acquisition of ProbelteBio

What outcomes did private equity investment achieve?

  • Increased sales by more than 16% CAGR and doubled EBITDA in three years
  • Developed an innovation culture at the company
  • Enhanced the dietary supplements and functional food extracts business line
  • Improved working capital management

More information


The Riverside Company


What can I do to manage cookies stored on my computer or phone?

You can accept or refuse cookies. Accepting cookies is usually the best way to make sure you get the best from a website.

Most PCs automatically accept them but you can change your browser settings to restrict, block or delete cookies if you want. Each browser is different, so check the 'Help' menu of your particular browser (or your mobile phone's handset manual) to learn how to change your cookie preferences. Many browsers have universal privacy settings for you to choose from.

Help on how to set and customise your cookie settings for your browser

How to manage cookies in Internet Explorer

Cookie settings in most versions of Internet Explorer can be found by clicking the tools option and then the privacy tab.

How to manage cookies in Firefox

Cookie settings in Firefox are managed in the Options window's Privacy panel. See Options window - Privacy Panel for information on these settings.

How to manage cookies in Chrome

Click on the spanner icon on the toolbar, select settings, click the under the bonnet tab, click on content settings in the privacy section.

How to manage cookies in Opera 

You can manage cookies in Opera if you Click on settings, then Preferences, then Advanced and finally Cookies

How to manage cookies in Safari

Choose Safari, then preferences and then click security. You should then be able to specify if and when Safari should accept cookies.

To manage cookies on your mobile phone please consult your manual or handbook.

Get more help about how cookies work with specific browsers.

What happens if I don't accept cookies?

If you decline cookies, some aspects of Invest Europe site may not work on your computer or mobile phone and you may not be able to access areas you want on the website. For this reason we recommend that you accept cookies.

What happens if I delete my cookies?

If you delete all your cookies you will have to update your preferences with us again and some aspects of our site may not work.

What happens if I change computers or mobile?

If you use a different device, computer profile or browser you will have to tell us your preferences again.

If you'd like to learn more about cookies in general and how to manage them, visit

We can't be responsible for the content of external websites.

Opt-out of cookies


Join today

This is for members only. To view in full login or join Invest Europe today.