M&A

M&A

Nutraceuticals seller OmniActive Health acquires botanical ingredients co. ENovate Biolife

Economic Times  

Mumbai-based nutraceutical maker OmniActive Health Technologies has acquired fellow Mumbai-based ENovate Biolife , a developer of proprietary, clinically researched botanical ingredients for health solutions. The deal is being funded through internal accruals.This transaction marks OmniActive’s second strategic expansion, following its purchase of Bengaluru-based botanical ingredients company IndFrag in 2017.