Avrio Capital-backed Ascenta Health acquired by Nature’s Way
Ascenta Health Ltd, a Canadian manufacturer of natural health products, has been bought by Nature's Way, an affiliate of Germany's Dr. Willmar Schwabe Pharmaceuticals. The financial details of the transaction were not disclosed. Founded in 2003 by CEO Marc St-Onge, Ascenta Health is a developer, producer and marketer of omega-3 supplements for human and animal health. Based in Dartmouth, Nova Scotia, it has been a portfolio investment of Canadian venture capital firm Avrio Capital since March 2009. Avrio invested $4 million in the company.
20 May 2015•3 mins read
