Abac advised by EY on PronoKal deal

Private equity fund Abac Solutions received legal advice from EY in relation to its acquisition of PronoKal Group.

Legal advice to PronoKal was provided by Crowe Horwath, according to Mergermarket.

PronoKal manufactures protein-based dietary treatments for obesity and has annual sales in excess of €42 million.

Its offering includes nutritional products, medical supervision, personalised dietary advice, personal training and coaching services. In Spain, which accounts for 49 per cent of the company’s sales, it serves more than 300,000 customers and more than 2,500 prescribing doctors.

Ben Cook