Riverside Co to exit Euromed Botanicals

Riverside Co agreed to sell its investment in Euromed Botanicals SA to Germany’s Dermapharm Holding SE. Financial terms weren’t announced. Euromed, of Barcelona, Spain, provides provides standardized herbal extracts and natural active substances for the pharmaceutical, dietary supplement and cosmetic industries. Riverside made 4.3x its money with the sale, while the IRR was 60 percent, a source said.

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