FORDATA VDR involved in sale of BIO-ACTIVE, one of the leading producer of herbal and flavored tea

Back to press room 21 November 2011 About us, Case study
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We would like to inform that FORDATA was chosen as a Virtul Data Room (“VDR”) provider  in  BIO-ACTIVE Dystrybucja Sp. z o.o. (“Bio-Active”) sale transaction.

 

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.

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