NeutraHealth subsidiary Brunel Healthcare has acquired the Gerard House and Galloway brands, including seven product licenses, from Potters, the UK subsidiary of pharmaceuticals company Galenica AG, for a combined purchase price of £400,000 cash.

NeutraHealth subsidiary Brunel Healthcare has acquired the Gerard House and Galloway brands, including seven product licenses, from Potters, the UK subsidiary of pharmaceuticals company Galenica AG, for a combined purchase price of £400,000 cash.

The Gerard House brand comprises licensed herbal products sold through UK retailers. Galloways’ products, including herbal-based Galloway cough syrup, are sold exclusively through UK pharmacies. In 2007 the brands notched up sales of £270,000.

John Roberts, partner at City firm Goodman Derrick, was adviser to Potters in connection with the sales. Partner John Roberts led the advisory assisted by partner Tanya Shillingford.

Says Roberts: “Galenica AG has been a client of ours for some time and we are delighted to have completed another successful deal for them.”