Nutrition & Santé, the French high-value dietary food specialist, will be sold to Japanese firm Otsuka Pharmaceutical, subject to regulatory approval.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The value of the transaction has not been disclosed.


Known for its Gerblé, Gerlinéa and Milical brands, Nutrition & Santé was sold by Novartis to its present owners, Abenex Capital and LVMH’s management fund, L.Capital, for EUR220m (US$302.1m) in February 2006.


Abenex controls 51% of the company with the remaining 49% of its capital in the hands of L.Capital.


Nutrition & Santé generated a turnover last year of EUR280m (US$302.2m) and employs 950 staff in Europe. Based in Revel, near Toulouse, it operates five production plants in France.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The takeover could be completed during the first quarter of 2009.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact