Bio-Active is one of the leading herbal and flavored tea producer in Poland. The aim of using VDR was to arrange and smooth the corporate document investigation i. e. Due Diligence.
Company Management was especially concerned about confidentiality of the transaction and needed the possibility to manage shared documentation within VDR.
Successfully implemented Information Security Management System compatible with the PN-ISO/IEC 27001:2005 standard guaranteed the Company accurate operating procedures as well as highest measures of security and confidentiality of information stored in FORDATA VDR. The undeniable intuitiveness of application provided the Company comfortable and independent management of the process.
As a consequence of negotiations Bio-Active changed its owner. The agreement on selling 100% of shares was signed with Herbapol-Lublin S.A. (“Herbapol-Lublin”), leading producer of herbal tea. After having acquired Bio-Active, Herbapol-Lublin owns 17,3% market share in herbal teas.
Bio-Active Dystrybucja sp. z o.o. exists on a Polish market since year 2000. It specializes in herbal and flavored tea production. Each year the Company sells over 10 million packages of tea.