BioGaia’s subsidiary TwoPac will build another production plant in Eslöv. BioGaia will invest about SEK 16 million in the new facility.
TwoPac AB was established in 2002 to develop and manufacture packaging solutions for probiotics. Since June 2013 TwoPac is a wholly owned subsidiary of BioGaia.
TwoPac primarily produces drops but also straws with probiotics. The company is also an important partner for BioGaia in the development of new products. Revenues consist solely of sales to BioGaia.
In 2012 a new production plant in Eslöv was completed. It was mainly financed by loans from BioGaia.
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BioGaia has published this information in accordance with the Swedish Securities Market Act. The information was issued for publication on 26 June 2014, 3:30 pm CET.