Wellma, a food supplement company, has acquired Euronovis, an Italian firm specializing in coating and granulation for the nutraceutical sector. Euronovis provides services like coating, granulation, and formulation. Established in 2015, Euronovis has shown significant growth, with a compounded annual growth rate of over 30%. Their Milan facility can coat more than 800 million tablets annually. Christian Merup, CEO of Wellma Group, is excited about the acquisition, stating that Euronovis, a global leader in its niche, will bring innovation and production capabilities to Wellma. Euronovis' CEO, Tomaso Nigris, sees a cultural fit and the benefits of Wellma's autonomy-supporting model.
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