T.A.P. sells the majority of the shares to Capidea and Habico Invest.

T.A.P., an Esbjerg, Denmark-based company trading food supplements, announced getting into an agreement for selling the majority equity package to Danish investment companies Capidea and Habico Invest.

The financial details of the transaction were not disclosed. The deal was made with the actual owners, brothers Claus Glerup and Lars Pedersen, who will continue as directors and significant shareholders. In conjuction with the deal, Niels Bressendorff joins the shareholders list.

T.A.P. employs a total of 80 employees and develops and sells dietary supplements directly to consumers via Wellvita and indirectly to wholesale via Mezina. The company has built up a diversified portfolio of own products, sold to a large loyal customer base.

Wellvita has a European presence with sales to Norway, Sweden, Finland, the Netherlands and Belgium.