Headquartered in Stockholm in Sweden, Baltex Health & Beauty Group said the deal added interesting contribution to its business in Sweden and a significant contribution to its Norwegian operations.
In a statement translated from Swedish, Baltex CEO Tomas Färnlöf said: “We can now count ourselves as a solid player in the middle layer of the Norwegian companies.
“In connection with this, we reinforced our Nordic organisation meaning we are now establishing ourselves as a clear Nordic player, you will find several interesting synergies and create a good platform for continued future growth.”
The Bio-Life range from Swedish manufacturer Bringwell includes beetroot powders, chlorella and barley grass as well as more mainstream supplements like magnesium and selenium.