The acquisition of one of the leading sports nutrition brands strengthens Equanto’s presence in the supplementation market, a fast-growing sector in Europe, while increasing the scale of the Group, which expects to exceed €27 million in revenues in 2026.
Equanto – Intercâmbio Comercial e Industrial, S.A., a group with a growing presence across healthy, organic and functional food, announces the acquisition of Eco-Nutracêuticos, S.A., the company behind GoldNutrition, a leading brand in food supplementation and sports nutrition.
With this transaction, Equanto takes another step forward in its growth strategy and significantly strengthens its position in the food and nutrition sector, bringing six brands into its portfolio: Origens Bio, Whyfoods, Veggis, Eliora, EQX and GoldNutrition.
The transaction strengthens the development of a food group with a new scale, bringing together on a single platform industrial expertise, product development capabilities and an established presence in the healthy, organic and functional food sector, alongside the knowledge, brand recognition and expertise in sports nutrition built by GoldNutrition over more than two decades.
This complementarity will enable the Group to strengthen its innovation capabilities and accelerate the development of new solutions across functional food, supplementation and performance, while further advancing its strategy of integration and verticalisation of the value chain. The Group will bring together capabilities spanning research and development, raw material sourcing, manufacturing, brand management, sales and distribution — a model that provides agility in innovation and quality control in a sector where scientific credibility and product consistency are key differentiating factors.
Francisco Reis, Director at Equanto, commented: “GoldNutrition is a brand whose recognition and credibility have been built over more than two decades among athletes and discerning consumers. By bringing it into our portfolio, we are creating a group capable of accompanying consumers at every stage — from healthy everyday nutrition to supplementation and sports performance. Our industrial and product development capabilities, combined with GoldNutrition’s expertise, will enable us to innovate faster and accelerate growth in both the Portuguese and international markets.”
Custódio César, Founder of GoldNutrition, and Patricia Berezetcki, CEO of GoldNutrition, commented: “This transaction recognises the outstanding work of the GoldNutrition team over the years. At Equanto, we have found a partner with a clear vision for the future of food and nutrition, together with the industrial capabilities and scale needed to take the brand to a new level. GoldNutrition retains its identity and scientific rigour, now with greater resources to innovate and expand internationally.”
International expansion is another key strategic pillar of the transaction, with the Group now present in 26 countries. Spain is particularly relevant, as both Origens Bio and GoldNutrition have been strengthening their presence in the market. The integration of GoldNutrition SL into the Group’s structure will enable it to leverage commercial synergies and create a stronger platform for the growth of Equanto’s different brands across the Iberian market.
As part of the transaction, ActiveCap II will acquire a minority stake in Equanto, alongside Custódio César and Patricia Berezetcki, Founder and current CEO of GoldNutrition, respectively. This structure ensures continuity of the knowledge and experience accumulated throughout GoldNutrition’s journey, while fostering strong alignment of interests between the existing shareholders and management teams for the Group’s next phase of growth.
Francisco Martins, Partner at ActiveCap, commented: “As demand for healthy food and sports nutrition in Europe continues to grow at a rapid pace, Equanto brings together a platform with the capabilities required to position the Group to capture the opportunities arising from the growing adoption of healthier nutrition across consumer segments and reach an increasing number of consumers. We are proud to support the long-term vision of Francisco and Daniel Reis, shareholders of Equanto, in partnership with Custódio César and Patricia Berezetcki of GoldNutrition, and look forward to an ambitious and sustainable path of development.”
About Equanto:
Equanto – Intercâmbio Comercial e Industrial, S.A. is a food industry group operating across healthy, organic and functional food and nutrition. With a strong focus on industrial capabilities and innovation, the Group operates through its own brands and third-party manufacturing, and currently brings together Origens Bio, Whyfoods, Veggis, Eliora, EQX and GoldNutrition.
The Group has integrated capabilities spanning product development, industrial manufacturing, brand management and distribution, with a portfolio covering organic, vegetarian and vegan food, gluten- and lactose-free products, functional food, supplementation and sports nutrition. With a presence in Portugal and 26 international markets, Equanto develops solutions for different consumer profiles and consumption occasions.
About GoldNutrition:
GoldNutrition is a leading brand in food supplementation and sports nutrition, with extensive experience in developing solutions for athletes, physically active consumers and those seeking to improve their wellbeing and performance.
With a broad portfolio of sports nutrition and supplementation products, the brand has an established presence in Portugal and a growing international footprint, with a presence in 23 countries.
GoldNutrition is now part of the Equanto Group, retaining its identity, positioning and expertise, while benefiting from a strengthened platform to accelerate innovation, product development and international expansion.
About ActiveCap – Capital Partners:
ActiveCap – Capital Partners, SCR, S.A. is a private equity fund manager specialising in investments in established businesses with strong growth potential, supporting them in accelerating their expansion and creating long-term value.
