BioVita OY

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BioVita OY - overview

Established

1989

Location

Espoo, -, Finland

Primary Industry

Healthcare

About

BioVita OY focuses on health and wellness solutions, specializing in fat burning guidance through tailored dietary and exercise programs. Its services aim to enhance metabolism and facilitate effective weight management for diverse clientele. Founded in 1989, BioVita OY is located in Espoo, Finland. The company specializes in health-oriented solutions designed to assist individuals in achieving their weight management goals.


In February 2011, BioVita OY was acquired by Midsona AB for EUR 4 million on a debt-free basis, with the potential for an additional purchase price of EUR 1. 5 million based on future performance. The acquisition reflects the company's strategy to enhance its market presence in Finland. The details regarding the founder and CEO are not available.


BioVita OY specializes in providing comprehensive guidance and resources for effective fat burning through dietary and exercise recommendations. The company's core offerings include personalized dietary plans that incorporate beneficial fats and proteins, as well as structured workout regimes combining strength training and high-intensity interval training (HIIT). These services are tailored for individuals seeking to manage their weight and improve overall health, catering to fitness enthusiasts, individuals pursuing weight loss, and health-conscious consumers. BioVita OY primarily markets its products in Finnish-speaking regions, with potential outreach to broader European markets focusing on health and wellness.


In 2011, BioVita OY reported a revenue of EUR 8,921,600. The company's revenue generation strategy encompasses various channels, primarily through subscription-based access to tailored dietary and fitness programs. This structured model includes direct-to-consumer sales, with pricing based on customization levels and subscription duration, contributing to a steady income stream from its user base. Following its acquisition by Midsona AB in February 2011, the company plans to leverage the new investment to further its growth and strengthen its market position in Finland.


The recent funding will be utilized to enhance product offerings and expand into new markets, although specific new product launches or geographic targets have not been explicitly detailed.


Current Investors

Midsona AB

Primary Industry

Healthcare

Sub Industries

Alternative Medicine, Pharmaceuticals

Website

www.biovita.fi

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

BioVita OY - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedBioVita OY-

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