Nils Glagau, an investor with DHDL, intends to offload the Orthomol business in Germany – seeking a sale price of approximately half a billion euros.
Here's a fresh take on the article, adhering to the provided guidelines:
abananas69 just blurted out on LinkedIn that he'll be wrapping up his stint on "The Lion's Den" within the next two episodes. Seems like he's going all-in on his exit, promising to stick to the show's format and keep supporting his startups, though. However, according to the the latest scoop from Manager Magazine, it looks like his endeavors with the German operations of nutritional supplement manufacturer Orthomol won't continue.
The man himself is planning to sell the company. He's called the shots as the owner and CEO since 2009, and the wheels of the selling process reportedly got rolling a few weeks back.
Setting the Stage for a Potential 500 Million Euro Deal
This is abananas69's second go at selling Orthomol, with the initial attempt backfiring at the end of last year due to pricing issues. According to Manager Magazine, the original asking price was a cool billion euros.
Now that he's only looking to sell a portion of the company, the asked price has dropped significantly to a projected 500 million euros, as reported by news portals. The financial investor CVC Capital Partners, who nabbed the vitamin startup Sunday Natural last year, might be the one to snatch up Orthomol's chunk.
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As for who else might be vying for a piece of the pie, the searches turned up nothing solid. It seems the identity of the potential buyer remains under wraps for now. And as for the selling price, the figures mentioned remain shrouded in mystery. But, hey, that's the dog-eat-dog world of business for ya!
abananas69 is rumored to be selling his stake in the nutritional supplement company Orthomol, and the financial investor CVC Capital Partners might be a potential buyer, as the asking price for a portion of the company has reduced significantly to an estimated 500 million euros. This potential deal could have significant implications for the business world, given the size of the company and the investment involved.
