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Health Medica, a company from Excellence Group, has signed a contract to supply products to OTCF, the owner of sport brand 4F. Health Medica will supply OTCF with vitamin preparations and the cooperation is of long-term character.
Health Medica signs deal with owner of 4F
Health Medica signed an agreement for supply of pro-health vitamin products for OTCF company, the owner of 4F brand. Health Medica is a company of Excellence Group – one of the largest Polish manufacturers of juices and syrups, including products with the status of dietary supplements. OTCF specialises in production and sales of sportswear and accessories under the brand name of, among others, 4F.
Health Medica offers its own products, but also offers contract manufacturing – from preparation of the formula to final production. The company offers dietary supplements and cosmetics. In addition, the company is working on an online platform to sell dietary supplements, which is expected to be launched by the end of 2021.
Earlier, it was reported that Excellence, the owner of Health Medica, had invested in a new company, Excellence Cannabis, which is to specialise in the production of CBD products.
According to the PMR report, “Dietary Supplements Market in Poland 2020”, the value of the dietary supplements market has been growing relatively fast in recent years (pharmacy and non-pharmacy sales, including dietary foods for special purposes). The dynamics was somewhat slowed down by the emergence of the COVID-19 pandemic in March 2020. On the other hand, according to PMR’s report “Online OTC products market in Poland 2021“, online sales of dietary supplements in e-pharmacies, e-stores and shopping platforms, recorded dynamic growth in 2020.