Private equity firm Argos Soditic has purchased the Natural Distribution Group, a provider of natural food supplements.

Terms of the deal were not disclosed, but Argos Soditic typically spends between €5 million (U.S.$6.5 million) and €50 million (U.S.$65 million) on majority stakes in companies with revenues of up to $500 million.

The transaction, referred to as a buy-in management buyout, is meant to grow Natural Distribution’s current pharmacy business and help the U.K.-based company branch out into new markets.

Natural Distribution, headquartered in Ashford, England, employs 124 people and has an annual turnover of roughly $41.7 million.

The company, founded in 1987, develops and distributes organic food supplements in pharmacies and specialist shops.

Argos Soditic operates out of three main offices in Paris, Milan, and Geneva. The firm tapped into its sixth fund to facilitate the deal.

Elie Auriac, Aurélien Ferrand and Aurélien Bossuat of advisory firm Messis Finances ran the sale process, while Thibaut Caharel and Joy Fant of law firm PDGB Avocats handled legal matters.

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