Transaction

Clearwater advises bMEDcare (Dermolin and Essential Organics) on its sale to Healthcare Brands Group, backed by Arcola Private Equity

Transaction

bMEDcare (Dermolin and Essential Organics) sold to Healthcare Brands Group

Sell-side

Undisclosed

Role

Adviser to bMEDcare (Dermolin and Essential Organics) on its sale to Healthcare Brands Group

Sector

Consumer
Healthcare

Region

Netherlands

We have advised bMEDcare, a specialist in dermatological care and nutritional supplements, on its sale to Healthcare Brands Group (HBG), a portfolio company of Arcola Private Equity. This transaction marks an important milestone for bMEDcare, as it joins a rapidly growing platform of leading healthcare and personal care brands.

With a strong presence in the Benelux region, bMEDcare is dedicated to promoting ‘positive health’ through close collaboration with medical professionals, R&D labs, customers, and retailers. The company owns and markets two highly regarded brands: Dermolin and Essential Organics, each catering to a growing demand for high-quality, dermatologically tested skincare and premium, natural dietary supplements.

Dermolin is a trusted dermacare brand offering a broad range of hypoallergenic, fragrance-free, and soap-free cleansing and skincare products. Originally developed in 1992 by dermatologists and hospitals, Dermolin has grown to become the only drugstore brand recommended by dermatologists in the Netherlands. Its products are designed specifically to prevent skin irritation and sensitivity, serving a loyal customer base seeking gentle yet effective skincare solutions.

Essential Organics is a pioneering dietary supplement brand, first launched in 1976, focusing on pure, plant-based nutrition. The brand’s innovative Pure Line capsules, introduced in 2017, have driven significant growth, offering 100% plant-based, additive-free supplements made with premium natural ingredients. Additionally, bMEDcare supplies medical institutions with critical vitamins through its Essential Orgadek sub-brand, ensuring healthcare professionals have access to high-quality nutritional solutions for patient care.

Operating under a lean, asset-light B2B2C business model, bMEDcare focuses purely on marketing, sales, and media, while leveraging strategic partnerships with trusted external manufacturers and suppliers. All of its products are designed and produced in the Netherlands, reinforcing its commitment to premium quality and local expertise.

Acquired in 2017 by Mr. Boudewijn Meyer and Mr. Edwin Driesenaar, bMEDcare has since achieved impressive market growth and profitability, strengthened its retail partnerships and expanded its consumer reach. By joining Healthcare Brands Group, bMEDcare is well-positioned to accelerate its growth trajectory, benefiting from HBG’s enhanced digital marketing capabilities and operational synergies. The acquisition will provide bMEDcare with the resources needed to further expand its brand presence internationally.

With HBG’s infrastructure and economies of scale, bMEDcare will unlock cost efficiencies, supply chain optimisation, and portfolio expansion opportunities, ensuring it remains at the forefront of evolving consumer needs. Backed by HBG and Arcola Private Equity, and with a strong track record of revenue growth, high margins, and increasing EBITDA, bMEDcare is well-positioned for its next phase of expansion.

We acted as the exclusive financial adviser to bMEDcare, working closely with the company’s leadership team to secure the ideal strategic partner. Through a tailored transaction process, we successfully guided the transaction to completion, ensuring a seamless transition and a strong outcome for all stakeholders involved. This deal highlights our expertise in advising high-growth healthcare and consumer brands, reinforcing our commitment to help entrepreneurs and businesses achieve their strategic and financial ambitions.

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We are incredibly proud of what we have achieved with Dermolin and Essential Organics. It has been a wonderful journey. We are very pleased that we have been able to build a loyal customer base while making our leading brands broadly accessible, first in the Netherlands, and later in Belgium as well. We are confident that under new ownership and management the brands’ growth and expansion plans will continue to be a success story. We thank Onno de Groot and the wider Clearwater Netherlands team for the great process and excellent results.

Boudewijn Meyer and Edwin Driesenaar, bMEDcare
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We are delighted to have advised the shareholders of bMEDcare on this strategic transaction, leveraging our deep sector knowledge and proven M&A expertise. This transaction marks an exciting new chapter for the business and contributes to the ongoing consolidation in the consumer health, beauty and personal care sector. bMEDcare has built an impressive reputation within the premium and “free-from” category of the market. The acquisition by HBG (backed by Arcola PE), a buy-and-build platform in the consumer healthcare and personal care sector, represents a strategic fit that will unlock significant growth opportunities as well as synergy potential. A big thank you to Boudewijn Meyer and Edwin Driesenaar for their trust and for the fantastic collaboration. We look forward to seeing the HBG business continue to thrive with this investment going forward.

Onno de Groot, Partner, Clearwater

Advisers

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