Founded in 1965, Chester Medical has served the healthcare sector for more than 60 years.
From its sites in Bromborough and Deeside, it provides specialised packaging services to pharmaceutical, medical device, diagnostics, nutraceutical and veterinary businesses across the UK.
It has acquired Power Health Products – a family-owned contract manufacturer of health food supplements, sports nutrition and natural hair and skin care products based in Pocklington, East Yorkshire.
Founded in 1972, Power Health employs around 80 people and supports nutraceutical businesses throughout the UK and beyond.
The acquisition brings together Power Health's product development and manufacturing expertise with Chester Medical's capabilities in contract packing and printed packaging production to create a broader end-to-end proposition for customers in the growing nutraceuticals market.
David Patterson, Managing Director of Chester Medical, said: ”This acquisition is a major milestone for Chester Medical."
"It enhances our offering, creates new opportunities for collaboration and growth, and strengthens our ability to support customers at every stage of their journey."
"There is an excellent cultural and operational fit between the two companies, and we are excited to see what we can achieve together."
Vicky McIver, Managing Director of Power Health Products, said: “The health food supplements market has evolved significantly during the last five decades, and we are proud to have grown and evolved with it."
"Joining forces with Chester Medical marks an exciting new stage of growth for us and secures a strong future for the business. We are grateful to the RSM and LCF Law teams for their expertise and advice throughout the process.”
Paula McGrath, Principal and Head of Brabners Deal Advisory, said: “Our long-standing relationship with Chester Medical and close contact with RSM aided this process immensely."
"It has been a pleasure to help the business take this important step in its growth and we look forward to watching it continue to develop under this new structure.”
James Atkinson, Deal Services Partner at RSM UK, said: “Power Health Products’ strategic union with Chester Medical represents a strong deal for both parties."
"Their expertise and ambitions offer a healthy foundation for the combined entity’s continued growth across the health supplements market. We wish the whole team the best of luck as they move forward.”
