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BioGaia AB Acquires Remaining 50% of TwoPac AB


Tuesday, 18 Jun 2013 08:00am EDT 

BioGaia AB announced that the Company has signed an agreement to acquire the remaining 50% of the shares in TwoPac AB and TwoPac AB will thus become a wholly owned subsidiary of BioGaia AB. Change of ownership will take place on July 1, 2013. Financial details were not disclosed. TwoPac AB was formed in 2002 to manufacture and develop packaging solutions for probiotics. At present the company primarily produces probiotic drops, but also manufactures straws on behalf of BioGaia. 

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