Scitec Nutrition
- acquired by -
Ascendis Health

Ascendis Health is a health and wellness products company, founded in 2008 and listed on the Johannesburg Stock Exchange.

The company’s strategy is based on the continuous development of a consistent health product offering and markets covered. Since 2015, the group developed internationally through acquisitions.

Scitec Nutrition is a Hungarian manufacturer of sports nutrition, with its own R&D department and a modern manufacturing facility. One of the most globally recognized brands in the industry at the time, the company exported its products to more than 90 countries. Since 2012, Scitec has been owned by a Polish private equity fund Enterprise Investors.

Aventis Advisors advised Ascendis’ management team in the deal, which accelerated the company’s expansion in Europe and broadened its portfolio of products with sports nutrition