Acquisition of Elite One Source Nutritional Services by DCC Health & Beauty Solutions

We are delighted to announce that Elite One Source Nutritional Services (Elite), has been acquired by DCC Health & Beauty Solutions (DCC Health & Beauty), a leading provider of contract manufacturing and related services to the European Health and Beauty Sector.

 

DCC Health & Beauty has a long track record of success in the UK and European markets. It is part of DCC plc, a substantial group headquartered in Dublin, Ireland and listed on the London Stock Exchange. While DCC Health & Beauty has had a strategic ambition to expand into the large and growing US nutritional CMO sector for some time, this is its first acquisition in the US and represents the start of an exciting new phase of development.

    

 

DCC was attracted by the quality of Elite’s people and facilities; its specialist expertise in tableting and capsule development and manufacture; and its excellent customer base. DCC Health & Beauty has significant technical and business development resources which can help to support Elite’s growth, including cooperating to exploit opportunities to cross-sell services to our combined customer bases in the US and Europe. DCC plc has substantial financial resources at its disposal and will be very supportive of Elite’s growth plans, including funding further investment in its facilities to increase capacity and enhance manufacturing capability. With support from the DCC Group, and working closely with the senior team in Elite, DCC Health & Beauty is targeting further acquisitions in the US. The combined strengths of Elite and DCC Health & Beauty provides an excellent platform for further development in the US.

www.eliteonesource.com

For further information please contact:

Louise Cruickshanks
Development Director
DCC Health and Beauty Solutions
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Stephen O’Connor
Managing Director
DCC Health and Beauty Solutions
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