Wellma has announced the acquisition of Euronovis, an Italian company specialising in coating and granulation for the nutraceutical sector.
Euronovis offers services for coating, granulation, pellet production, consultation, and formulation within the nutraceutical and food supplement market, driven by the vision of founder Tomaso Nigris.
Established officially in 2015, Euronovis has positioned itself as a dynamic company in the industry, offering an efficient and modern technical centre equipped with sophisticated and complex technologies. Today Euronovis has the capacity of coating over 800 million tablets per year, serving 40+ customers from their state-of-the-art 1,500 sqm cleanroom facility outside of Milan.
We are excited to welcome Euronovis to the Wellma family. Euronovis is a global leader in its niche, and an excellent addition to Wellma adding both new innovation and production capabilities
- Christian Merup, CEO of Wellma Group
Since inception, Euronovis has had an impressive growth, with a compounded annual growth rate of over 30% over the last years.
Christian Merup, CEO of Wellma Group, said: “We are excited to welcome Euronovis to the Wellma family. Euronovis is a global leader in its niche, and an excellent addition to Wellma adding both new innovation and production capabilities, while we also enter one of the largest markets in Europe. At the same time, we see great opportunities to help Euronovis on its continuous growth journey across Europe."
Euronovis' CEO Tomaso Nigris added: “Joining Wellma Group is an important milestone for Euronovis. We believe this will help us on our continuous growth journey and to expand across Europe, while we see a great cultural fit with the Wellma team. Wellma’s entrepreneurial model of letting us keep our autonomy, while receiving benefits from being part of Wellma, is very attractive and we are excited about our continuous journey together."
